September 17, 2025, 8:30-5:00pm CT (breakfast and lunch provided)

September 18, 2025, 8:30-12:15pm CT (breakfast provided)

Click here to bundle this course with P&C/Health Investment Accounting & Reporting and save $600 (click here to include printed course materials)

Click here to bundle this course with Life Investment Accounting & Reporting and save $600 (click here to include printed course materials)

Don't forget to book your hotel reservation - details available on the main event page.

Derivatives are complex financial instruments used by many insurance companies to manage their exposure to various types of risks.  The course will explore, through class examples, the nuances that arise from variations in Statutory, U.S. GAAP, and IFRS accounting treatment for derivatives. You will also obtain an understanding of the documentation, hedge classification, reporting, and disclosure requirements for this specialized Statutory and U.S. GAAP accounting topic.  The seminar will cover the existing hedge accounting guidance under International Financial Reporting Standards (IFRS) and the differences between U.S. GAAP and IFRS, as well as new developments.

Who Should Attend: Accountants, auditors, investment specialists, financial managers, and others working with or needing a better understanding of Statutory, U.S. GAAP, and/or IFRS accounting and financial reporting for derivatives utilized by an insurance company.

Prerequisites and Advance Preparation:  Familiarity with the insurance industry's operations will help you understand the risks these instruments are used to manage.  We recommend that those who wish to become familiar with accounting and reporting for the full range of investments held by insurance companies consider combining this seminar with the Investment Accounting and Reporting seminar. Advance preparation is not required.

Program Level: Advanced

Field of Study: Accounting