This course provides CPAs with a general understanding of derivatives in financial management. Participants will explore the fundamentals of derivatives, their strategic role in risk management, and their practical applications. The course specifically covers the various types of derivatives, their valuation, and their implications for financial reporting.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Identify the various types of derivatives and their key characteristics.
Recognize the strategic role of derivatives in financial risk management.
Determine the financial reporting implications of using derivatives in an organization's financial statements.
Major Topics
Types of Derivatives
Hedging vs. Speculation
Derivative Markets
Risk Management
