  We present modeling results for the reprocessed radiation expected from
magnetic flares above AGN accretion disks. Relativistic corrections for the
orbital motion of the flare and for the curved space-time in the vicinity of
the black hole are taken into account. We investigate the local emission
spectra, as seen in a frame co-orbiting with the disk, and the observed spectra
at infinity. We investigate long-term flares at different orbital phases and
short-term flares for various global parameters of the accreting black hole.
Particular emphasis is put on the relation between the iron Kalpha line and the
Compton hump as these two features can be simultaneously observed by the Suzaku
satellite and later by Simbol-X.
