Sirius Solutions can assist with all your derivative and hedge accounting challenges. Our professionals bring experience from Big 4 accounting firms, energy/commodity companies, banks, and manufacturing companies. They specialize in helping companies meet the exacting requirements of derivative and hedge accounting. The large number of high profile restatements related to SFAS 133/138/149 over the past few years have drawn increased scrutiny from external auditors and regulatory agencies.  This increased scrutiny, combined with the inability of auditors to assist their clients with technical accounting issues, has greatly increased the value of outside technical accounting assistance.  We assist companies in the following areas related to derivative valuation and accounting:

• Derivative assessment
• Embedded derivative assessment
• Derivative valuation
• Hedge strategy and risk management
• Hedge documentation
• Hedge effectiveness testing (prospective and retrospective)
• Hedge ineffectiveness calculations
• Hedge accounting and bookkeeping
• Disclosure related to derivatives and hedge accounting
• Risk reporting
• Risk modeling
• Education and training

We have worked with companies in a variety of industries to implement hedge accounting.  We have relationships with the major accounting firms and provide valuable insight regarding nuances and interpretations of the standards that they may require.  Our team is comprised of former traders, risk managers, public accountants, and corporate accountants.  We understand the intent and strategy of your transactions and know that the accounting should not drive but rather reflect the economics.  We recommend hedge strategies and accounting that will best match the timing of your expenses and revenues.