Derivative Valuation Validation
When an accounting firm audits a company’s derivative portfolio, it not only needs an independent method for verifying the fair value provided by the preparer, but it also needs an approach to performing modeling and other tasks consistently across all of its clients. Most accounting firms rely heavily on one-off custom spreadsheets to verify a valuation and source and check the market data inputs. With Reval, accounting firms can:
- Access remotely Reval’s solution at the office, client site, or on the road thereby improving efficiency and productivity.
- Rely on battle-tested financial analytics that can be consistently used across the organization eliminating the need to verify model creation every time.
- Obtain valuations that are accurate and with market data inputs which are observable.
- Log on to one solution to check your valuation across most interest rate, FX, energy, metal, soft commodity, and credit instruments.
- Save time and costs.
Risk Management & Hedge Accounting Advisory
In today’s volatile markets and with the increasing focus on regulatory compliance, many companies struggle to find practical advice on how to better manage their risk and to comply with hedge accounting standards under FASB or IFRS. Several advisory and accounting firms use Reval’s solutions globally to help formulate the appropriate risk and hedging strategy policy work, as well as to test any risk management or hedge accounting approach that is recommended.
Firms can look to Reval to:
- Show the risk of spreadsheets and manual processes typically used by clients in need of advisory work of this nature.
- Book and value derivative trades to confirm pre- and post-trade valuations independently and with ease.
- Run scenario and stress analysis for risk management purposes.
- Give sound advice to clients by analyzing alternative hedging strategies to determine likelihood of passing prospective and retrospective assessments under FAS 133, CICA 3865, or IAS 39.
- Start to finish tracking of cash flow hedging and OCI/Equity management.
- Provide periodic reporting for non-audit clients.
We recognize each advisory and accounting firm has differing needs and types of clients. By leveraging Reval’s award winning technology, used by hundreds of companies globally, your firm can have a more reliable, proven solution that allows for an immediate go-to-market strategy. Generate consulting dollars now.
To learn more about Reval’s solutions for accounting and advisory firms, have a Reval Solutions Consultant contact you >>
