Discover how the CNS workflow simplifies, streamlines, and organises your treasury management processes in our FX Hedge Accounting Workflow article.
About CNS
CNS Treasury software provides FAS 133 / IAS 39 compliance and treasury risk management solutions for companies with foreign exchange, interest rate and commodity hedging requirements. Delivered over the internet, this fully hosted and proven software offers a rapidly deployable solution incorporating the latest in technology with the most up to date hedge accounting methodology.
Hedge Accounting Compliance
FAS 133 (for US GAAP) and IAS 39 (under IFRS) govern the accounting rules for financial instruments and in turn, derivatives. The general approach is shown in the diagram below:
The hedge accounting module in CNS includes:
- IAS 39 strategy documentation
- Hedge documentation
- Designation and de-designation processes
- Effectiveness testing
- Forecast probability assessment
- Journal entry management
For assistance or to book a meeting, contact our support team at support@cnstreasury.com.
Thanks,
The CNS Team