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Author: |
Kelen Camehl, CPA, MBA |
Course Length: |
Pages: 36 ||| Word Count: 14,147 ||| Review Questions: 6 ||| Final Exam Questions: 10 |
CPE Credits: |
2.0 |
IRS Credits: |
0 |
Price: |
$17.95 |
Passing Score: |
70% |
Course Type: |
Text |
Technical Designation: |
Technical |
Field Of Study: |
Accounting |
Approved Audience: |
NASBA QAS - NASBA Registry |
Key Takeaways: |
This course provides CPAs with a comprehensive understanding of derivatives and hedging in financial management, covering the strategic role of derivatives in risk management and their practical accounting applications.
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Frequently Asked Questions: |
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Description: |
This course provides CPAs with a comprehensive understanding of derivatives and hedging in financial management. Participants will explore the fundamentals of derivatives, their strategic role in risk management, and the differences between hedge accounting and traditional accounting methods. The course specifically covers fair value, cash flow, and net investment hedges, and discusses their practical applications. This course also addresses hedge accounting, including designation, documentation, and effectiveness testing. |
Usage Rank: |
23125 |
Release: |
2024 |
Version: |
1.0 |
Prerequisites: |
None. |
Experience Level: |
Overview |
Additional Contents: |
Complete, no additional material needed. |
Additional Links: |
External: Derivatives: Types, Considerations, and Pros and Cons
Internal: Derivatives & Hedging for Accountants | Advanced (CPE course)
Internal: Demystifying Derivatives: Essential Concepts for CPAs (Course Id 2404)
External: Derivative (finance) - Wikipedia overview of derivatives
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Advance Preparation: |
None. |
Delivery Method: |
QAS Self Study |
Intended Participants: |
Anyone needing Continuing Professional Education (CPE). |
Revision Date: |
28-Nov-2024 |
NASBA Course Declaration: |
Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Keywords: |
Understanding Derivatives and Hedge Accounting: A Simplified Guide for CPAs - CPE course |
Learning Objectives: |
Course Learning Objectives Upon completion of this course, you will be able to:
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Course Contents: |
Chapter 1 - Understanding Derivatives and Hedge Accounting: A Simplified Guide for CPAs Course Learning Objectives Course Overview Introduction What Are Derivatives? Basic Concepts Why do Companies use Derivatives? Review Questions Hedge Accounting Overview Hedge Accounting vs. Traditional Accounting Types of Hedges Fair Value Hedge Cash Flow Hedges Net Investment Hedges Hedge Accounting Steps Designation & Documentation Effectiveness Testing Conclusion Review Questions Glossary of Key Terms |
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