CPAR Accounting & Financial Reporting

CPAR - 2019/April, Seg.04 - Managing Your Risk: Tenets of Derivatives

Course Overview
There is little doubt that derivative instruments can mitigate risks, particularly for those enterprises where uncertainty is undesirable. But financial executives often resist the use of derivatives, especially since hedge accounting has been a complex aspect of financial reporting. Dr. Ira Kawaller, the founder of Derivatives Litigation Services, focuses on why and how these instruments can aid in managing enterprise risk and provides an update of the latest hedge accounting rules.

Learning Objectives:

Upon successful completion of this segment, you should be able to:

  • Recognize the role that derivatives play in managing risk;
  • Identify the main types of derivative instruments;
  • Recognize the implications of FASB ASU 2017-12 on hedge accounting; and
  • Identify the major differences between the old and new rules for hedge accounting.

Content Partner:

CPA Reports Online

Prerequisites/Advanced Preparation:

Work experience in financial reporting or accounting, or an introductory course in accounting.

Speaker / Author:

SmartPros Ltd. is a leader in online and offline continuing education for accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Software & Hardware Requirements:

  • 56k or Greater Internet Connection
  • Adobe Acrobat® Reader for the .pdf files
  • Modern DHTML Compatible Browser
  • Ram: 256 MB minimum
  • Sound card with speakers/headphones
  • Windows or Mac OS


Price (USD)

Standard Rate: $69.90


Course Code : CPAR1386-FM

Release Date : 04/26/2019
Expire Date : 07/07/2020
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Update
Course Type : Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

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