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Description

IFRS 9 Hedging Derivatives: Qualifying, Measuring and Accounting for Hedge Relationships

Turn an FX or interest rate hedge into compliant accounting entries without distorting the reading of profit or loss

  • 0.43 days — 3 h
  • In-person or virtual
  • Intermediate
  • Up to 6 participants

Groups across the region hedge their currency and interest rate exposures, yet the accounting translation remains a technical sticking point. Without a documented hedge relationship, fair value movements on the derivative flow straight through profit or loss and create volatility that the finance function struggles to explain. In practice, the documentation is often assembled after the instrument has been put in place.

This three-hour workshop addresses hedge accounting under IFRS 9 through worked numerical cases. Participants qualify the hedge relationship, measure the derivative, calculate the effective portion and post the entries to profit or loss or to other comprehensive income.

Learning objectives

  • Distinguish cash flow hedges from fair value hedges
  • Assemble the documentation required when the hedge relationship is established
  • Measure a foreign exchange or interest rate derivative at the reporting date
  • Calculate the effective portion and account for measured ineffectiveness
  • Post hedge accounting entries and prepare the related note disclosures

What makes this programme different

A forward foreign exchange contract and an interest rate swap are worked through end to end on numerical cases
The hedge documentation is drafted during the session using a reusable template
The impact of the entries on profit or loss and on equity is mapped line by line

Programme

1Qualifying the hedge relationship

Document before you account

  • Eligible hedged items and permitted hedging instruments
  • Cash flow hedges and fair value hedges
  • Content of the documentation required at inception
  • Conditions for maintaining and discontinuing the relationship

2Foreign exchange derivatives

Handling a commercial exposure

  • Measuring a forward foreign exchange contract at the reporting date
  • Hedging a highly probable forecast transaction
  • Deferring the effective portion in other comprehensive income
  • Recycling on settlement of the hedged item

3Interest rate derivatives and ineffectiveness

Measuring what the hedge does not capture

  • Measuring an interest rate swap and selecting the curve
  • Hedging a floating rate borrowing
  • Calculating and recognising the ineffective portion
  • Disclosures to be included in the notes

Who is it for

Consolidation and accounting standards managers, together with treasurers, financial controllers and auditors working on financial statements prepared under IFRS.

Prerequisites

Working knowledge of IFRS financial statements and of foreign exchange and interest rate instruments.

Dates & locations

12 scheduled dates between November 2026 and December 2027. Seats are confirmed in the order enquiries are received.

November 2026

December 2026

January 2027

February 2027

March 2027

April 2027

May 2027

June 2027

September 2027

October 2027

November 2027

December 2027

None of these dates suit you? We open additional sessions on request, and any programme can be run privately for your team.

Practical details

Before the programme
Online positioning questionnaire. Your development objectives are shared with the trainer, who tailors the practical case studies to your context.
Teaching methods
Theoretical input, workshops and practical case studies. Digital course materials and method sheets provided.
Assessment
Multiple-choice tests and role-play exercises. Assessment of learning at the start and end of the programme, with immediate and 60-day follow-up evaluations.
After the programme
One year of access to the e-learning platform. Self-assessment of the skills acquired and a 30-day follow-up session with your trainer.
How to register
Registration online or on the basis of a quotation.
Lead time
11 working days after confirmation of registration.
Accessibility
Accessible to people of determination. Contact our accessibility coordinator to design a suitable solution: contact@mpf-academy.ae
Start dates
Rolling intake: in addition to the scheduled sessions, this programme can start on request.