GFM works with clients to formulate robust policies and hedging practices to mitigate disruptive financial risks and navigate complex financial reporting and regulatory requirements.

Our Services

Do you evaluate and understand your company’s financial exposures and their potential risk or opportunity cost?

GFM will
  • Integrate with your management team to identify and articulate clear objectives for hedging your exposures
  • Outline the economic value, complexity and expectations for alternative hedging strategies
  • Address regulatory and accounting implications of alternative hedging strategies

GFM offers
  • Exposure identification, measurement and analysis as a result of your company’s
    • Operating activities
    • Financing activities
    • Strategic transactions including foreign or domestic acquisitions or divestitures
  • Hedge strategy formulation tailored to management objectives
  • Analysis and measurement of counterparty credit risk, credit support and collateral arrangements for hedging and derivative transactions
  • Risk analysis
  • Assist clients in understanding and quantifying how financial institutions are compensated on hedging transactions

Our Software

A software as a service solution for:
  • Exposure Evaluation
  • Hedge Accounting Compliance
  • Regulatory Compliance

Independent, Cost Effective, Simple to Use, SAS 70 Tested

Our Team

  • Well-known, highly regarded industry professionals
  • Unsurpassed content expertise and experience employing best practices
  • Annually advised more than 300 large and middle-market clients
  • Annually conducted educational seminars for over 500 clients
  • Now independent of financial institutions executing hedging transactions

GFM Insights
Our library of research, presentations and white papers.

We hope that you find these Insights informative and we welcome your feedback and submission of other topics you would like to see addressed

Update on FASB Deliberations Related to Hedge Accounting (July 2015)

At its June 29, 2015 board meeting, the Financial Accounting Standards Board (the “FASB”) moved towards simplifying hedge accounting and making it easier for certain types of interest rate and commodity hedges to qualify for hedge accounting treatment. This article summarizes the tentative decisions with regard to amending ASC 815, Derivatives and Hedging and their likely impact.

Hedge Accounting for Forecasted Exposures (May, 2014)

When companies evaluate their financial risks they can separate these risks into current exposures on the balance sheet and future exposures that the enterprise is likely to face. Unlike balance sheet exposures, forecasted exposures are not known with certainty and hedging those exposures should take into account historical experience and future business expectations, forecast error and potential ineffective hedging results. This article will focus on achieving cash flow hedge accounting for forecasted exposures and best practice strategies to manage these financial risks while minimizing reported earnings volatility.

New Shortcut Method Proposed for Private Companies Approved by FASB Board (Dec, 2013)

As a follow-up to our September, 2013 article "New Shortcut Method Proposed for Private Companies", the FASB on 11/25/13 endorsed by a vote of 6-1 the Private Company Council (PCC) Issue 13-03A that would allow a shortcut method of reporting for pay-fixed interest rate swaps that hedge variable rate borrowings.

A New Benchmark Interest Rate (Sept, 2013)

On July 17, 2013, the FASB issued Accounting Standards Update (ASU) No. 2013-10, Inclusion of Fed Funds Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes which is effective prospectively for new or re-designated hedging relationships entered into on or after 7/17/13. What does this mean for Corporate Hedgers and Hedging Relationships?

New Shortcut Method Proposed for Private Companies (Sept, 2013)

The FASB on 7/1/13 issued an Exposure Draft as a Proposed Accounting Standard Update (PASU); a proposal of the Private Company Council (PCC) PCC Issue 13-03 that would allow two versions of a shortcut method of reporting pay-fixed interest rate swaps that hedge variable rate borrowings. If you have or are contemplating entering into a pay-fixed interest rate swap and are a private company there may be some relief on the horizon from some of the current hedge accounting requirements.