Financial instruments accounting

 

Adopting IFRS accounting, implementing new hedging strategies or previously inadequate documentation of these strategies or the introduction of a treasury management system entail complex changes in the scope of financial instrument accounting. We assist our clients in the process.

In this respect, we offer - amongst others - technical expert’s reports regarding recognition and valuation of financial instruments in accordance with HGB / BilMoG and IAS 32, 39, IFRS 7, Hedge Accounting in accordance with HGB / IFRS, support in implementation of IFRS 7-compliant reporting and the preparation of specifications and accounting standards.

The application of hedge accounting in accordance with IAS 39 / HGB results in both utilization potentials and increased expenses for fulfilling respective application requirements. On the basis of cost-benefit analyses, our advisory services offer high quality decision bases with regard to the application of hedge accounting. This enables our clients to find the most effective and cost-optimized solution.

The regulations for IFRS accounting are posing increasing challenges to the finance and accounting departments. Disclosures regarding credit, liquidity and market risks must be added to reporting while, at the same time, the annual report is supposed to include an assessment of all risks. By assisting our clients in implementing IFRS 7-compliant accounting and preparing concepts and guidelines, we help them to meet these continuously increasing requirements by way of efficient and cost-optimized design of accounting.

 

 

 

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