Course Overview

Derivatives are evolving and new accounting requirements to manage risks have been developed to make derivatives markets safer and more efficient.

This comprehensive two-day masterclass in accounting for derivatives will provide you with the essential knowledge you need to navigate this complex area. The focus on the first day will be to introduce you to the fundamental concepts behind accounting for derivatives, how entities use them, along with the netting and offsetting requirements and the principles of fair value. The course will cover the metrics used and the requirements for recognizing valuation adjustments such as credit valuation adjustment (CVA), debit valuation adjustment (DVA), funding valuation adjustment (FVA) and other valuation adjustments (XVAs).

The second day will be more advanced. You will learn about the different hedge accounting models including commodity derivatives and portfolio hedging. The course will also cover Dynamic Risk Management, which has the potential to significantly change existing practice. We will explore the complexities of field testing the model to make it operational. Finally, it will also cover latest developments, in accounting for environmental, social and governance (ESG) instruments and digital assets.

Led by a team of senior industry practitioners and accounting specialists this in-person course will equip professionals with a deep practical knowledge of core accounting issues and strategies, as well as insights into emerging trends reshaping the derivatives business.

Participants will have an option to join both days or to select the day of most interest, to them depending on their experience and focus.

 

Feedback from previous events

ISDA ran a similar masterclass in London in Q4 2022 and the response from attendees was very positive. This suggested that others would benefit from the opportunity to build their knowledge of the accounting for derivatives. Hence, it was decided to offer the masterclass in Amsterdam.

 

Testimonials

“Derivatives and hedge accounting can be a complex area. We have designed the course to ensure that anyone, from beginners to experts, will be able to get value from it, by providing both an overview of the key concepts and diving into the more complex application issues. Offering practical insights from accounting specialists and industry practitioners, as well as covering additional issues like offsetting, ESG and digital assets, we are ensuring that the agenda is current and relevant for attendees”.

Fabio Fabiani, Partner, Ernst & Young LLP

 

“Attending this course will enable you to build your knowledge of derivatives accounting and risk management, commodities, hedge accounting strategies and new developments such as dynamic risk management, ESG and digital and crypto assets. These developments have the potential to reshape the derivatives business, and this masterclass will provide you with valuable resources and insights into these topical areas and accounting best practices.”

David Bradbery, Partner, Ernst & Young LLP

 

“Whether you are a derivatives expert or new to the field, this course will significantly increase your knowledge of the accounting requirements. From understanding the basic principles behind derivatives accounting to the more detailed requirements as they relate to netting, fair value measurement, commodities and hedge accounting, you will gain valuable insights to take away with you and use in your work.”

Jos Hesselink, Partner, Ernst & Young Accountants LLP