Just as Canadian organizations have finished a large conversion initiative from Canadian Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRSs), the technical impacts of new rules being finalized under the hedge accounting phase of IFRS 9 Financial Instruments, will create another set of challenges for Canadian organizations, says Reval, global provider of a comprehensive and integrated SaaS solution for Treasury and Risk Management (TRM). Reval will be joined by KPMG and Deloitte in a live webinar,“IFRS 9: Aligning Hedge Accounting with Risk,” on Tuesday, December 11 at 11:00 am, Eastern Standard Time.
Who: Priya Kurian, Senior Solution Consultant, Reval; Dilshad Hassen, Partner, Deloitte, and Jean-Michel Parizeau, Senior Manager, KPMG.
What: “IFRS 9: Aligning Hedge Accounting With Risk,” a live, complimentary webinar that will examine new requirements of IFRS 9 – Hedge Accounting affecting Canadian organizations.
When: Tuesday, December 11th at 11:00am Eastern Standard Time, duration 1 hour
Where: Register at Bitly.com/ifrs9 or at Reval.com.
Why: The Review Draft of IFRS 9 is expected to be finalized by year end or January 2013, becoming mandatory in 2015 with early adoption permitted. These guidelines will significantly affect the risk management practices of Canadian organizations. Reval’s panel of experts will identify the operational impacts of IFRS 9 on risk management, particularly with identification and quantification of risk, and will discuss considerations when developing a risk management strategy. The speakers will also provide insight into the technical implications of the new guidelines, including eligibility for hedge accounting and reporting and disclosure requirements.
Reval (reval.com) is a leading, global Software-as-a-Service (SaaS) provider of comprehensive and integrated Treasury and Risk Management (TRM) solutions. Our cloud-based software and related offerings enable enterprises to better manage cash, liquidity and financial risk, and includes specialized capabilities to account for and report on complex financial instruments and hedging activities. The scope and timeliness of the data and analytics we provide allow chief financial officers, treasurers and finance managers to operate more confidently in an increasingly complex and volatile global business environment. Using Reval, companies can optimize treasury and risk management activities across the enterprise for greater operational efficiency, security, control and compliance. Founded in 1999, Reval is headquartered in New York with regional centers across North America, EMEA and Asia Pacific.