with Francisco Jimenez, KPMG

Key Features:

Re. IAS 39 and IFRS 9:

• Hedge Accounting requirements (Formal documentation and effectiveness test)
• Qualifying hedge items, hedging instruments and hedged risk
• Cash Flow Hedge of variable rate liability
• Cash Flow Hedge using interest rate cap
• Cash Flow Hedge of foreign currency sales transactions
• Fair Value Hedge of fixed rate liability

Francisco is a Manager in KPMG Financial instruments (KFI), where he is in charge of the valuation of financial instruments and hedge accounting advise for different clients and sectors.  Francisco speaks on financial instruments topics for industry organizations and he is member of the Irish Funds (IF) Investment risk working group and European Fund and Asset Management Association (EFAMA) derivative working group.  Prior to joining KPMG Dublin, Francisco was working in Deloitte (Spain) as a valuation and hedge accounting expert, where he was in charge of complex products valuation. Since joining KPMG in 2015, he is in charge of the complex financial instruments valuation and hedge accounting advisory. He has provided accounting training for many clients and internal KPMG staff