Case Study: Cedar Realty Trust achieves automated hedge accounting and major time savings with FINCAD Hedge Accounting Insight

How Cedar Realty Trust Is Saving Time on its Hedge Accounting Process

Cedar Realty Trust, a publicly traded REIT focused on supermarket‑anchored shopping centers, faced a complex hedge accounting burden under ASC 815 that required retrospective and prospective effectiveness testing, cash flow and hedging activity reports for auditors. After relying on manual spreadsheets and monthly recalculations, Cedar selected FINCAD’s Hedge Accounting Insight to simplify the process and provide trustworthy, auditor‑ready analytics.

FINCAD implemented Hedge Accounting Insight to fully automate Cedar’s hedge accounting: calculations run automatically, PDF reports are auto‑generated and emailed to the accounting team and auditors, and FINCAD Client Services and training set up the firm’s financial instruments. The result was considerable time savings, minimal user input, fewer manual errors and a reduced risk of restatements, while auditors gained greater confidence in the numbers produced by FINCAD.

Cedar Realty Trust

Marie Marette

Corporate Accountant