Accounting for Derivatives

Price: $23.49

CPE Credits: 2.5

Category:

Course Number: AAADERDP

derivatives

Description:
A derivative is a financial instrument or other contract that derives its value from the movement of prices, interest rates, or exchange rates associated with an underlying item. Uncertainty about the future fair value of assets and liabilities or about future cash flows exposes firms to risk. One way to manage the risk associated with fair value and cash flow fluctuations is through the use of derivatives. This course addresses the accounting and disclosure requirements related to derivative financial instruments (derivatives). Also addressed are selected disclosure requirements for other financial instruments, primarily those related to fair value and concentrations of credit risk. Table of Contents

Delivery Method: Online QAS Self Study.

Level: Basic to Intermediate

Prerequisites: Basic Accounting

Advanced Preparation: None

Author: DeltaCPE LLC

Publication: July 2015
Updated: November 2016
Format: PDF
Pages: 68

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Identify the attributes of conventional and derivative financial instruments.
  • Recognize the risks associated with derivatives.
  • Identify the accounting requirements for different derivatives and the related disclosure requirements.

 

Description:
A derivative is a financial instrument or other contract that derives its value from the movement of prices, interest rates, or exchange rates associated with an underlying item. Uncertainty about the future fair value of assets and liabilities or about future cash flows exposes firms to risk. One way to manage the risk associated with fair value and cash flow fluctuations is through the use of derivatives. This course addresses the accounting and disclosure requirements related to derivative financial instruments (derivatives). Also addressed are selected disclosure requirements for other financial instruments, primarily those related to fair value and concentrations of credit risk. Table of Contents

Delivery Method: Online QAS Self Study.

Level: Basic to Intermediate

Prerequisites: Basic Accounting

Advanced Preparation: None

Author: DeltaCPE LLC

Publication: July 2015
Updated: November 2016
Format: PDF
Pages: 68

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Identify the attributes of conventional and derivative financial instruments.
  • Recognize the risks associated with derivatives.
  • Identify the accounting requirements for different derivatives and the related disclosure requirements.

 

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