Accountancy Live: Accounting for floating rate loans under IFRS, FRS 102 June 22, 2015, Accountancy Live By Zwi Sacho, Chatham Financial “Preparers and auditors should should carefully consider the accounting consequences when encountering floors in floating rate loans under IFRS and FRS 102, says Zwi Sacho ACA, director of the corporate accounting advisory practice at Chatham Financial Europe” Read Complete Article

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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…

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Managing hedge accounting for a company can be extremely challenging. Hedge accounting standards under US GAAP and IFRS are very complex. Complying with the requirements takes real expertise in interpreting the accounting standards and understanding the nuances between right and wrong. Chatham’s hedge accounting team specializes in navigating the complexities of ASC 815 and IAS 39, helping to properly align the economics and the accounting of transactions to achieve desired results. The ChathamDirect hedge accounting module incorporates proven hedge accounting expertise with superior user experience. Chatham’s client-tailored hedge accounting solutions are designed to provide clarity while also providing technical consulting, analysis, education and key hedge accounting service.

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The right hedge accounting can reduce volatility in your financials As a real estate company filing with the SEC or providing transparency to investors, you are responsible for financial reporting. If you’re hedging you have sensitivity to the resulting volatility in earnings, and you can benefit from hedge accounting that navigates standards from the FASB and IAS and aligns under US GAAP and IFRS. Chatham Financial pioneered the gold standard in hedge accounting for real estate companies when derivatives were first introduced. Our solutions are why most REITs applying hedge accounting use Chatham as their hedge accounting partner. How Chatham Hedge Accounting helps real estate companies We align optimal economic hedging and favorable hedge accounting: Our expertise in both structuring transactions and interpreting the nuances of the hedge accounting standards enable us to optimize accounting results. With a primary objective…

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Chatham Financial Comments on FASB’s Proposal on Financial Instruments and Hedge Accounting September 29, 2010 We recently provided our views to the FASB on its controversial proposal to modify the accounting for financial instruments, including revisions to the accounting for derivatives and hedging activities. With respect to financial instruments in general, we continue to believe that both fair value and amortized cost have merit, and we share the concerns of most constituents that the FASB proposal goes too far with fair value as the primary measurement attribute for nearly all financial instruments. As for derivatives and hedging, we agree with certain provisions of the proposal, including reducing the standard for hedge qualification from “highly effective” to “reasonably effective.” However, we have serious concerns about the FASB’s proposed prohibition against removing the designation of an effective hedge (no more de-designations) and…

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