CFO Series: Foreign Exchange: Accounting, Exposure, and Risk
CFO Series: Foreign Exchange: Accounting, Exposure, and Risk
CPE Credit:
2
Overview
Description:
If a firm is doing business across borders, you are exposed to the risks associated with foreign exchange (‘FX’). We will discuss credit risk, different legal requirements, and the hazards associated with pricing denominated in a foreign currency. We will explore these risks and consider options available to manage and minimize them, including hedging. If your company has non-US revenue or entities, you will also have to deal with translation of results into US Dollars as you consolidate results. We will review ASC 830 and ASC 815 that deal with the conversion of transactions and practical steps we can take to address these requirements. We will also look at the technical requirements of hedge accounting, as well as why hedge accounting matters. Valuable guidance for any entity considering international expansion.
Field of Study:
Auditing (1 CPE)
Accounting (1 CPE)
Instructor
Instructor:
Brian Maturi, MBA, FCA
Additional Details
Who should attend:
Corporate financial leaders, corporate financial managers, CEOs, CFOs, controllers, board members, accountants, business owners, risk managers, accounting managers, entrepreneurs, consultants, advisors and the professionals who advise them. Any professional interested in conducting business outside
Program Level:
Intermediate
Program Content:
The major topics that will be covered in this course include:
- Managing Foreign Currency
- Transactions and translation
- The role of banks and settlement
- Exchange markets
- How forward rates are established using interest rate differentials
- GAAP Accounting standards
- ASC 830 – Foreign Currency transactions
- ASC 815 – Hedging
- Hedging – basic principles
- Hedging instruments
- Long term financing of foreign operations
- Impact of cryptocurrency
Learning Objectives:
After attending this presentation, you will be able to…
- Analyze how foreign exchange markets work.
- Identify the risks associated with buying and selling in foreign currency.
- Analyze the risks associated with selling abroad in U.S. dollars.
- Apply hedging strategies
- Use appropriate methods for collecting money from foreign transactions.
- Apply accounting guidance for the translation of results and of transactions.
- Compare the role of cryptocurrency, including stable coins and unstable coins
Prerequisites:
Preferably at least six (6) months of professional financial statement analysis experience and/or at least six (6) months of professional experience in preparing or reviewing accounting processes and reports
Advanced Preparation:
None
Developed By:
The Knowledge Institute, LLC
Format:
Group-Internet-Based
Course Code:
CF27FEF2
Our Partners
NASBA Sponsor
CFO Series: Foreign Exchange: Accounting, Exposure, and Risk
Course Code:
CF27FEF2
Program Level:
Intermediate
Description:
If a firm is doing business across borders, you are exposed to the risks associated with foreign exchange (‘FX’). We will discuss credit risk, different legal requirements, and the hazards associated with pricing denominated in a foreign currency. We will explore these risks and consider options available to manage and minimize them, including hedging. If your company has non-US revenue or entities, you will also have to deal with translation of results into US Dollars as you consolidate results. We will review ASC 830 and ASC 815 that deal with the conversion of transactions and practical steps we can take to address these requirements. We will also look at the technical requirements of hedge accounting, as well as why hedge accounting matters. Valuable guidance for any entity considering international expansion.
Program Content:
The major topics that will be covered in this course include:
- Managing Foreign Currency
- Transactions and translation
- The role of banks and settlement
- Exchange markets
- How forward rates are established using interest rate differentials
- GAAP Accounting standards
- ASC 830 – Foreign Currency transactions
- ASC 815 – Hedging
- Hedging – basic principles
- Hedging instruments
- Long term financing of foreign operations
- Impact of cryptocurrency
Learning Objectives:
After attending this presentation, you will be able to…
- Analyze how foreign exchange markets work.
- Identify the risks associated with buying and selling in foreign currency.
- Analyze the risks associated with selling abroad in U.S. dollars.
- Apply hedging strategies
- Use appropriate methods for collecting money from foreign transactions.
- Apply accounting guidance for the translation of results and of transactions.
- Compare the role of cryptocurrency, including stable coins and unstable coins
Who should attend:
Corporate financial leaders, corporate financial managers, CEOs, CFOs, controllers, board members, accountants, business owners, risk managers, accounting managers, entrepreneurs, consultants, advisors and the professionals who advise them. Any professional interested in conducting business outside
Developed By:
The Knowledge Institute, LLC
Instructor:
Brian Maturi, MBA, FCA
CPE Credit:
2
Field of Study:
Auditing (1 CPE)
Accounting (1 CPE)
Prerequisites:
Preferably at least six (6) months of professional financial statement analysis experience and/or at least six (6) months of professional experience in preparing or reviewing accounting processes and reports
Advanced Preparation:
None
Format:
Group-Internet-Based
OR
Register By Phone: Call 877.370.2220 and press “1” for the webinar hotline to register
Price
Single Registration
$89.00
Upcoming Dates
- 4/16/2027 @ 11:00 AM
All times are Eastern Time Zone
