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

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

We have worked with companies in a variety of industries to implement hedge valuation and reporting.  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 financial reporting should not drive but rather reflect the economics.  We recommend hedge strategies and reporting that will best match the timing of your expenses and revenues.