Hedge Accounting Changes: What, Where, When and How March 15, 2018 | 2PM EDT / 11AM PDT | 1 hour | Online | by Chatham Financial Please join us for an in depth review of the new hedge accounting standard (ASU No. 2017-12) and better understand the effects it could have on your hedging program. During our session we will walk through what has changed, where you will see the impacts, when you can adopt, and how that process can be best accomplished. In this webinar, we will cover the following learning objectives: – Understand changes to the hedge accounting standard – Uncover potential new opportunities and strategies available as a result of the changes – Familiarize yourself with the steps necessary for adoption Speakers: Aaron Jacob, CPA is a manager on the Accounting Advisory team providing solutions for FX,…

Read More...

Hedge Accounting FASB Exposure Draft: Implications for Financial Institutions September 2016 On September 8, 2016, the FASB released an exposure draft to better align economic results of an entity’s risk management activities with its financial reporting and to make targeted improvements to simplify hedge accounting. This Bulletin provides an overview of the proposed changes to Accounting Standards Codification (ASC) 815, Derivatives and Hedging that are relevant to Financial Institutions. Refer to our Bulletin from August 31, 2016 for a high level summary. Download Our Full Review of the Exposure Draft Here

Read More...

Hedge Accounting FASB Update August 2016 In July 2015, we provided an update about the FASB’s project to change the hedge accounting rules. The FASB has been working on hedge accounting for over a year and expects the exposure draft to be published any day. The Board has proposed several changes that are primarily intended to better align the economics of hedging with the reported accounting results. This bulletin summarizes the key decisions the FASB has made over the past year that are relevant to financial institutions. Download This Bulletin

Read More...

Training: Join Chatham for a day of Hedge Accounting, Equity Compensation, and Financial Instrument Valuation Training, and attain CPE/CTP June 16, 2016 Chicago, IL, USA: Join experts from Chatham Financial and Equity Methods for a day of interactive learning focused on understanding current trends and developments related to hedge accounting, equity compensation, and complex financial instrument valuation. Chatham Financial will provide an overview of the economic risk in today’s market, the various derivatives available to manage those risks, and detail on how to account for derivatives, which will assist your company in aligning hedging conversations among Treasury, Accounting, and board members to help optimize decision making within an organization. The training will take place at Omni Chicago Hotel: 676 North Michigan Avenue, Chicago, IL 60611. CPE 7 credits & CTP 7.2 credits are available, and the event is free but…

Read More...

Training: Join Chatham for an afternoon of Financial Risk and Hedge Accounting Training, and attain CPE/CTP March 8, 2016 San Francisco, CA, USA: Join Chatham Financial for a day of interactive learning focused on understanding current economic risks, how to manage those risks with derivatives, and how to apply hedge accounting to interest rate swaps and caps. This session will provide an overview of the economic risk in today’s market, the various derivatives available to manage those risks, and detail on how to account for derivatives, which will assist your company in aligning hedging conversations among Treasury, Accounting, and board members to help optimize decision making within an organization. The training will take place at The Hyatt Hotel, 5 Embarcadero Center, San Francisco, CA. CPE 5 credits & CTP 6.4 credits are available, and there is no charge for this…

Read More...

Valuing Derivatives Under AASB 13 Fair Value Measurement February 17, 2015, Finance and Treasury Association: Australia By Andrew Brown, CFTP and Steve Castleton, CPA “AASB 13, Fair Value Measurement (“AASB 13”) was issued in 2011 and became effective January 1, 2013. Even though the standard has been effective for nearly 2 years, many companies are either still grappling with how to implement the standard with respect to derivative valuations or need to continue to refine their process based on feedback from auditors or an evolving derivative portfolio.” Download Complete Article

Read More...

In this week’s installment, Part III and our final installment of our series, we look at the impact hedge accounting rules and changes can have on your hedging program in 2014. In Part II, we looked derivatives regulation on your hedging program, and in Part I,  Fed Policy and its impact on hedging programs. Part III: Hedge Accounting. Several key developments in the world of hedge accounting last year could impact your derivatives and hedging programs this year. First, the FASB approved in July 2013 the use of the Fed Funds Effective Rate (or OIS) as a benchmark interest rate, which along with LIBOR and Treasury rates can now receive favorable hedge accounting treatment under many routine hedging strategies. This is great news for entities with floating-rate assets or liabilities indexed to the Fed Funds Effective Rate, as it simplifies their ability to hedge their…

Read More...

Geographic expansion to Europe begins with an office in London. FAS 133 hedge accounting standards go into effect in the U.S. and Chatham begins serving clients with its new hedge accounting practice.

Read More...

Hedge Accounting Hedge accounting standards under US GAAP and IFRS are nuanced. Since accounting standards are subject to significant interpretation and judgment, complying with the requirements takes knowledge and experience. Since 2000, Chatham has assisted companies with navigating the complexities of ASC 815 and IAS 39/IFRS 9. We help properly align the accounting and economics of tens of thousands of transactions for over 500 clients annually. We customize hedge accounting solutions for each client and reduce complexity and administrative burdens through technical consulting, analysis, technology, education and key hedge accounting deliverables. Strong team of in-house practitioners: Chatham leads the industry in hedge accounting. Our reputation is based on setting a high standard and attracting the very best accounting practitioners. Members of our team come from the Big Four, including national practice groups, and several worked at the FASB, including work…

Read More...

As a partner to financial sponsors, Chatham is often enlisted to work directly with in-house treasurers and CFOs. We have worked with hundreds of companies that need help with their hedge accounting program or an analysis of their current and future exposures. We can augment in-house resources of the organization with our team of hedge accounting practitioners or assure the timely and accurate execution of monthly journal entries, effectiveness testing, valuations and reporting. In all cases, we work with your team to provide the continuity, consistency and timely information your stakeholders demand.

Read More...