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 strategies;
• measure effectiveness and report infectiveness of hedging strategies;
• 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.

It will be led by experts of PwC Luxembourg who are actively engaged in the daily implementation of the IFRS norms.

Philippe Förster is the IFRS leader for PwC Luxembourg and a partner in the Assurance practice. With over 20 years of experience serving financial and multinational institutions by providing audit and advisory services, he is a member of various PwC International IFRS working groups, including GACS (Global Accounting and Consulting Services), Financial Instruments Topical Team (FITT), and Corporate Treasury Technical Committee (CTTC). Philippe played a crucial role in developing our global guide: Hedge Accounting in Practice.

Philippe graduated from HEC-University of Liège-Belgium. He is a qualified 'réviseur d’entreprises' in Luxembourg.