Course Code: 605

Duration: 1 day

Level: Basic

Fee: $795.00

Instructor: George Bollenbacher

CPE Credits: 7

Prerequisite: No prerequisites are required.

Investment accounting for fixed income securities and derivatives is an arcane and complex process. This class will cover accounting for both fixed income securities and derivative instruments, beginning with definitions, exploring the terms and concepts, and finishing with accounting for both cash flows and value changes. This one-day seminar is designed for investment operations, investment accounting and middle office staff.

• Fixed Income Securities Defined
• Fixed Income Terms and Concepts - Interest
• Fixed Income Terms and Concepts - Redemption
• Fixed Income Terms and Concepts - Yield
• Derivatives Terms and Concepts - Futures
• Derivatives Terms and Concepts - Options
• Derivatives Terms and Concepts - Rate and Currency Swaps
• Derivatives Terms and Concepts - Credit Derivatives
• Accounting for Fixed Income Securities
• Accounting for Futures and Options
• Accounting for Rate and Currency Swaps
• Accounting for Credit Derivatives

After completing this course, participants will:

• Know what constitutes a fixed income security and a fixed income derivative
• Become familiar with the terms and concepts of fixed income securities
• Become familiar with the terms and concepts of fixed income derivatives
• Understand how to account for interest and redemptions in fixed income securities
• Understand how to account for cash flows in fixed income derivatives
• Understand the accounting impact of market value changes in both securities and derivatives