This Deloitte e-learning module provides training in the background, scope and principles under IAS 32 Financial Instruments: Presentation and IAS 39 Financial Instruments: Recognition and Measurement in respect of hedge accounting and its application in practice.

Topics covered include applying hedge accounting to a forecast sale, a firm commitment to purchase machinery in a foreign currency, a portion of a fixed rate debt instrument, and a net investment in a foreign operation.

The module also covers the following IFRIC interpretations:

• IFRIC 9 Reassessment of Embedded Derivatives
• IFRIC 16 Hedges of a Net Investment in a Foreign Operation
• IFRIC 19 Extinguishing Financial Liabilities with Equity Instruments.

The e-learning module can be accessed here.

Note: You may be asked to register to access the module - no personally identifying information is requested in the registration process.