We provide you with accurate valuations of your hedges for accounting purposes and assist you with hedge reporting requirements.
Accounting Standards Codification Topic 815 (“ASC 815”) and Accounting Standards Codification Topic 820 (“ASC 820”) – formerly known as FAS 133 and FAS 157 respectively – impose strict documentation and reporting requirements on companies using derivatives. In addition Government Accounting Standards Board Statement 53 (“GASB 53”) and Statement 72 ("GASB 72") impose similar requirements on governmental entities.
How We Can Help
KPM Financial can ease this burden by completing the necessary due diligence required by companies including:
Hedge designation memos (corporate)
Hedge identification certificates (government)
Mid-market valuations
Credit adjusted valuations
Hedge effectiveness testing