Posts Tagged ‘hedge accounting’

New Hedge Accounting Standard Flashes Green Light

Treasury & Risk A new U.S. accounting standard that makes it easier to account for hedges is likely to encourage more corporates to hedge. The Financial Accounting Standards Board voted last month to finalize the new hedge accounting standard, and the final standard is due out in August. Companies interested in using the new standard…

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Hedge Accounting: 3 Key Benefits of IFRS 9

By Jacqui Drew, Director Solution Consulting at Reval IFRS 9 is changing hedge accounting forever. A recent Reval survey shows that 70% of finance teams say that they have or will implement new hedging strategies as a result of the new standard.  Still, adoption is happening at a different pace around the world. Early adopters…

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Wake-up Europe, Time to Quick-Start IFRS 9 Initiatives

EU Endorses IFRS 9 The wait is over. Finally, the European Commission endorsed IFRS 9: Financial Instruments on 22 November 2016, and companies in the EU have a lot of catching up to do. The replacement of IAS 39 will become effective for financial years beginning on or after 1 January 2018. Since the final…

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PEFCO Gains Operational Efficiencies with Reval and Oracle Financials Cloud

Achieves STP for Treasury and Risk Management in the Cloud New York – December 20, 2016 – Private Export Funding Corporation (PEFCO) is now able to automatically post general ledger entries from Reval directly to Oracle Financials Cloud, leveraging Reval’s cloud-to-cloud integration with Oracle earlier this year. Reval is a software-as-a-service solution for Treasury and…

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CLP Wins CFO Innovation Award for Excellence in Treasury Management Transformation

Hong Kong- 9 December 2016-CLP Holdings Limited (CLP) has won a CFO Innovation award for Excellence in Treasury Management Transformation, recognising the Group’s success in modernising its treasury management practices with early adoption of a new international financial reporting standard. Francis Ho, Senior Director – Group Treasury and Project Finance of CLP, said, “We place…

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Companies ‘must move fast on IFRS 9’

GTNews Companies have little time left in which to begin hedge accounting technology projects, now that the European Commission (EC) has endorsed International Financial Reporting Standard (IFRS) 9, says Reval. Click here for details >>

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EU Endorses IFRS 9, Companies Can No Longer Delay Action Says Reval

Little time left to kick off hedge accounting technology projects London, 28 November 2016 – With International Financial Reporting Standard (IFRS) 9, Financial Instruments, now endorsed by the European Commission, all companies reporting under IFRS that want to implement hedge accounting compliance technology should now have projects underway, advises Reval, a global SaaS provider of…

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10 Fundamental Questions Every Risk Manager Should Review

As a risk manager one of your primary responsibilities is the managing and hedging of enterprise-wide exposures. Although day-to-day operations keep you busy, there are 10 fundamental questions every risk manager should review from time to time. The first five questions are related to exposure management: 1. When last was our risk management policy updated? Should…

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Top 5 Questions on Fair Value Measurement under FRS 102

Companies reporting under UK GAAP are facing new regulatory requirements under FRS 102. Particularly, accounting for financial instruments is changing significantly. Starting 2016, treasuries will be audited under the standard. 1. What´s new under FRS 102? Most basic financial instruments continue to be measured at amortized cost. More complex financial derivatives such as options, forwards,…

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TEXPO 2015: Treasurers Three Most Burning Questions

From 19th to 21st of April 2015, over 1,000 treasury and finance professionals regrouped at this year´s TEXPO® in San Antonio. TEXPO is one of the leading financial management conferences in the US. It´s sponsor is the Alliance of Texas Treasury Associations (ATTA), a non-profit organization that brings together the regional Treasury associations from Austin,…

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