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Impact of Exposure Draft on Derivative Accounting for  Interest Rate Risk Presented by  Helen Kane June 8, 2010
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Agenda
Codification Revision Status  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Outline of Exposure Draft  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Objective of Revision (BC212) ,[object Object],[object Object],[object Object]
What Hasn’t Changed (BC213) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What is Different
Effectiveness Testing  (BC 218-220) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Effectiveness Testing  (BC 218-220) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Effectiveness Documentation  (116) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Effectiveness Testing  (BC 218-220) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Effectiveness Measurement  (BC 224-229) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Debit/Credit Example ,[object Object],[object Object],[object Object],[object Object],[object Object]
Effectiveness Measurement  (BC 116-118) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Option Amortization
G20 Concept Plus…. ,[object Object],[object Object],[object Object],[object Object]
G20 Updated ,[object Object],[object Object],[object Object],[object Object]
G20 Updated ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
G20 Updated ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
G20 Updated ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
De-designation
No Election to Dedesignate ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why No Dedesignation? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Ineffectiveness Conclusion ,[object Object]
Foreign Denominated  Financial Instruments
Financial Instruments Fundamental Change ,[object Object],[object Object],[object Object],[object Object],[object Object]
Foreign Denominated Debt  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Embedded Derivatives
Embedded Derivatives ,[object Object],[object Object]
Disclosure
Additional Disclosure Requirements (127) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Additional Disclosure Requirements (128) ,[object Object],[object Object],[object Object],[object Object]
Reference Paragraphs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],Contact: hkane@hedgetrackers.com

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Hedge Trackers reviews how FASB Exposure Draft on Financial Instruments - Derivative Instruments & Hedging Activities - will impact Interest Rate Hedge Programs

Editor's Notes

  1. Likely delay in Effective Date (2013 or 2014) Could derivative accounting changes come early? Comment period ends Sept. 30, 2010
  2. Note the Fannie Mae problem for inconsistency Defacto FV option on tire inventory if no controls
  3. Note the Fannie Mae problem for inconsistency Defacto FV option on tire inventory if no controls
  4. Note the Fannie Mae problem for inconsistency Defacto FV option on tire inventory if no controls
  5. Now like FV and NI hedging
  6. OCI is catch-all for change in PEHD and amortization of Option
  7. OCI is catch-all for change in PEHD and amortization of Option
  8. OCI is catch-all for change in PEHD and amortization of Option
  9. OCI is catch-all for change in PEHD and amortization of Option
  10. Put in the detail from the theoretical preso and see what slides here can be removed or made as a handout.
  11. Added to KC
  12. Put in the detail from the theoretical preso and see what slides here can be removed or made as a handout.
  13. Put in the detail from the theoretical preso and see what slides here can be removed or made as a handout.