Hedge accounting under IFRS

Hedge accounting, the translation of risk management activities into accounting has always been a complex topic. Whatever risk your organisation is hedging, this module will help you to better understand how to properly translate your risk management activities into your financial reporting

By the end of this training, the participants will be able to:

• understand the difference between hedging and hedge accounting;
• apply hedge accounting mechanism;
• identify eligible hedged items, hedging instruments and hedging strategies;
• measure effectiveness of those strategies;
• report infectiveness of those strategies and prepare adequate and compliant documentation.

• Introduction
• Eligible hedged items
• Eligible hedging instruments
• Type of hedging relations
• Accounting mechanisms
• Documentation required
• Ineffectiveness measurements
• Examples

An attendance certificate will be sent to participants.

This training is coordinated by Philippe Förster, Lead Partner of IFRS Learning Solutions of PwC Luxembourg.

Philippe is the IFRS leader for PwC Luxembourg and is partner in the Assurance practice. He has over 19 years experience in serving financial and multinational institutions providing audit and advisory services. He is part of the PwC Global Accounting and Consulting Services (GACS) and is a partner specialised in accounting for financial instruments and consolidation under IFRS. He is member of several PwC International IFRS working groups: Global Corporate Reporting Services, Financial Instruments Topical Team (FITT) and Corporate Treasury Technical Committee (CTTC). He participated to the elaboration of our global guide: hedge accounting in practice. Philippe graduated from HEC-University of Liège-Belgium. He is a qualified “réviseur d’entreprises” in Luxembourg.