Course Description

This course is designed to provide a clear and relevant overview of derivatives and hedging, beneficial to any financial professional seeking to gain knowledge and understanding about today’s financial markets.  A Derivative is a financial product that derives its value based on an underlying asset, liability, or other variable (such as an interest rate, foreign currency, or commodity price). Derivatives have become very popular tools for “hedging” (i.e. reducing) financial risk; they have also become an increasingly standard item on big companies' balance sheets. Yet understanding how they work, what they are used for, and how they can affect the bottom line of a business has proven to be a significant challenge for the accounting and auditing industries.

Learning Objectives