Available Dates:

Course Code: 605 
Duration: 1 day 
Level: Basic 
Fee: $795.00 
CPE Credits: 6 
Prerequisite: No prerequisites are required. 
Investment accounting for fixed income securities and derivatives is an arcane and complex process. This oneday 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 seminar is designed for investment operations, investment accounting and middle office staff.
Topics for discussion include:
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 should:
 Know what constitutes a fixed income security and a fixed income derivative
 Be familiar with the terms and concepts of fixed income securities
 Be 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
