Fair Value and Hedge Accounting Services for Livestock/Meat Commodities
Fair Value of Livestock/Meat Commodity Contracts for ASC 820 (FAS 137) and GASB 72
HedgeStar assists clients with the calculation of fair value for all livestock/meat commodity hedges including forward contracts, future contracts, options, and swaps. HedgeStar will classify the commodity based on the fair value hierarchy, provide a fair value measurement using accepted valuation techniques, and calculate non-performance risk. Our fair value methodology is consistent with current practices and has been vetted by accounting firms worldwide. Our clients are confident that the values we provide can be used in financial statements.
Hedge Accounting for Livestock/Meat Commodities for ASC 815 (FAS 133), GASB 53, and IAS 39/IFRS 9
HedgeStar provides a wide range of hedge accounting services for entities that report under ASC 815 (FAS 133), GASB 53, and IAS 39/IFRS 9. Our team of expert CPAs can make sure that hedge accounting is being properly applied to livestock/meat commodity hedge transactions because we have the ability to assess the effectiveness of hedges and we know how to measure assets and liabilities at fair value. Our hedge accounting services include hedge effectiveness testing and measurements of ineffective hedges, preparation of hedge designation memos, journal entries for each hedging relationship, and retrospective and prospective testing.
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- Accounting Standards Update for Hedge Accounting – A Cargill and HedgeStar Q&A
- Summary of the new Accounting Standard Update as it relates to Hedge Accounting, and what it means for commodity hedge accounting.
- Summary of the new Accounting Standard Update relating to hedge accounting. What financial institutions need to know.