Hedge Accounting
ASC 815 (formerly FAS 133) accounting standards impose strict documentation and reporting requirements on entities that use derivatives. Improper application of these standards can result in earnings volatility or even restatements.
Derivative Logic’s outsourced derivative accounting services enable our clients to augment their internal accounting staff with a proven team of derivative professionals, ensuring accurate, timely accounting entries and creating bandwidth for internal staff to focus on what they do best.
Our hedge accounting services include Hedge Designation, Regression Testing, Credit Valuation Adjustment (CVA) Calculations and GASB and FASB Reporting Compliance using either LIBOR or OIS discounting. Our team works with clients to answer any questions they or their auditors may have to make sure clients fully understand transactions, their market valuations and how those valuations are derived.