Practical, effective training led by Hedge Trackers consultants and
delivered in a friendly, small-group environment at our Cupertino, CA
offices. This environment allows us not only to better transfer knowledge
to the attendees, but also to focus on their specific challenges and
issues.
Another benefit of our interactive, workshop approach is that it fosters peer networking, and relationships are built around the table that will extend and enhance our guests' technical and professional capabilities.
Each course is half-day and earns 4 CPE credits. To ensure we are able
to maximize the value for each attendee we are limiting class size,
so please register as early as possible. As classes fill we will provide
alternative dates to accommodate all registrations.
ASC 815 -- Effectiveness Testing for FX Contracts - One-Hour Webinar
Registration:
This webinar will begin by reviewing the current state of effectiveness testing and related documentation requirements under ASC 815 (formerly FAS 133). We will cover the FASB testing requirements and highlight our experiences with evolving testing requirements of audit firms. Using examples of foreign currency (and some commodity) exposures, we will discuss the various approaches for assessing effectiveness, (including vs. excluding time value) and review key sources of ineffectiveness that must be evaluated. Finally, we will discuss the recent disclosure requirements of ASC 815 (formerly FAS 161), in so far as it affects the reporting of effective and ineffective amounts.
