Interest rate risk management is top of mind for senior managers at financial institutions and has been Cha...
Recent FASB decisions on the accounting impacts of COVID-19 created a gray area subject to interpretation and potential manipulation. Consistent, accurate accounting treatment will be critical.
Read more about the hedge accounting considerations and impacts for loan deferrals as it relates to the COVID-19 pandemic.
Read more on the ASU 2020-04, Reference Rate Reform (“ASC 848”): Facilitation of the Effects of Reference Rate Reform on Financial Reporting.
A summary of key issues companies need to know about the FASB's optional relief in ASC 848 Reference Rate Reform.
If your organization has London InterBank Offered Rate (LIBOR)-based contracts, the phaseout of LIBOR (i.e., reference rate reform) may impact your existing hedges and hedging relationships.
Amol Dhargalkar discusses Chatham Financial's benchmark study report, which showed that early adopters of the new hedge accounting standard drove an uptick in the use of hedge accounting.
Decisions made throughout the Brexit transition period could have an impact on the application of hedge accounting from a U.S. GAAP perspective.
Chatham's methodology for entities to assess their LIBOR transition activities and risks to meet the SEC's new expectations for disclosure.
Chatham CPA Rob Anderson explains how FASB's recently proposed Topic 848 allows hedge accounting to continue if a contract is modified as a result of reference rate reform.
An in-depth review of ASU 2017-12 and its potential effects on your hedging program.
An in depth review of the new hedge accounting standard (ASU No. 2017-12). What has changed, where will you see the impacts, when can you adopt, and how can that process be best accomplished?
Interest rate risk management is top of mind for senior managers at financial institutions and has been Chatham’s focus for decades.
Hedge accounting can be challenging to “get right” and tough to apply, so designing an effective hedging strategy and achieving the intended results is important for financial institutions.
Rob Anderson, product manager at Chatham Financial, discusses the FASB guidance and time required to transition from LIBOR to another benchmark rate.
The new hedge accounting guidance expands the strategies that qualify for hedge accounting and introduces new opportunities for companies to mitigate earnings volatility.
Financial institutions that are exposed to falling interest rates often enter into receive-fixed interest rate swaps to preserve their Net Interest Margin (NIM).
Watch our webcast with experts from the FASB, EY’s national office, GE, Comerica, and Chatham Financial to learn about the upcoming changes to hedge accounting.
Banks may alter their interest rate risk position by entering into pay-fixed, receive-floating interest rate derivatives to hedge their risk.
This White Paper explores certain key areas companies should consider when "operationalising" the new hedge accounting rules of IFRS 9 for xccy swaps.
IFRS 9 Financial Instruments provides greater flexibility for corporate hedgers who apply hedge accounting.