Transitioning to IFRS 9 for Hedge Accounting: The Final Countdown

October 25, 2017 | 2PM BST / 9AM EDT | 1 hour | Online | by Chatham Financial | Recording available


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IFRS 9 Financial Instruments provides greater flexibility for corporate hedgers who apply hedge accounting. The new standard becomes effective 1 January 2018 and companies wanting to enjoy the full benefits of the new model will have to meet a number of new requirements before that date.

 

In this webinar, Chatham will cover the following learning objectives:
– Understand the main differences between IFRS 9 and IAS 39 in relation to hedge accounting
– Discuss the pros and cons of deferring adoption of IFRS 9 for hedge accounting
– Understand the transition guidance and requirements when moving from IAS 39 to IFRS 9 for hedge accounting

 

Speakers:
Aaron JacobZwi Sacho helps lead the European Hedge Accounting & Advisory team, which advises clients on valuations and accounting for derivatives and hedging activities. Prior to joining Chatham, he worked for nearly five years at Centrica plc, the UK’s largest energy supplier. His initial role was Group Finance Projects Manager and thereafter he served as Derivatives and Hedge Accounting Manager. Before that, he held various accounting, finance, and academic roles in organisations based in South Africa and the UK. Zwi received his Honours Bachelor of Accounting Science, cum laude, and Masters in Accounting Science from the University of South Africa where he was also the recipient of the DETC Most Outstanding Graduate award. He holds the CA (SA), ACA (UK) and Professional Risk Manager (PRM) qualifications.

 

Kern RobertsKern Roberts helps lead the European Accounting Advisory team, specialising in hedge accounting under IAS 39, IFRS 9 and FRS 102. He also advises on embedded derivatives, the fair value requirements under IFRS 13, and the disclosure and presentation of financial instruments. Kern sits on the European Accounting Committee of the International Swaps and Derivatives Association (ISDA). Prior to joining Chatham, he worked for Barclays in their Technical Accounting Group acting as the key Technical Accounting contact for Barclays Risk Solutions Group (primarily focussed on derivative risk management products for corporate clients), as well as providing Technical Accounting review and input to Barclays’ external IFRS reporting. Prior to Barclays, he held technical accounting and audit positions with Smith and Williamson and PwC. Kern is a fellow of the ICAEW and graduated from the University of Warwick with a First Class degree in Politics and Sociology.