Auditor-ready confidence from day one.
Hedge accounting under U.S. GAAP and IFRS is technically demanding, and getting it wrong creates real audit exposure. Our hedge accounting reporting engine produces comprehensive general ledger reporting, and our advisory team supports every phase — from initial hedge designation and documentation through ongoing effectiveness testing and financial statement reporting.
What We Provide
- GL reporting that accurately reflects all derivative activity
- Technical advisory on hedge designation, effectiveness assessment, and ongoing effectiveness testing
- Deep expertise in ASC 815 — FASB’s standard for derivative and hedging accounting
- Complete documentation packages and audit support
- Accounting support across both OTC and exchange-traded derivative relationships
- Internal training and education so your team can manage the program
ASC 815 expertise you can rely on.
FASB’s guidance on accounting for derivatives and hedging is complex, and institutions that apply it incorrectly face restatements, audit findings, and regulatory scrutiny. Our team has deep working knowledge of ASC 815 across a wide range of hedge structures, and our reporting engine is built to produce the documentation auditors expect.
Analytics That Empower. Tools That Deliver.
Experience the power of smarter decision-making with our secure, web-based ecosystem. Designed for financial institutions, my.almfirst.com delivers rich data, advanced analytics, and intuitive dashboards—all in one place. Access on-demand tools to optimize strategies and drive stronger balance sheet performance.
