May 2021 Newsletter May FX Risk Management Mastery: Explore our May newsletter and discover the latest blog posts and insights from FX Initiative. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Get started with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter May 4, 2021By FX Initiative General accounting, CPE, currency, derivatives, development, education, examples, exchange, finance, foreign, fxcpe, fxinitiative, hedging, insights, learning, management, newsletter, professional, risk, training, treasury, updates, videos 0 0 Comment
Features of FX Forward Contracts Features of FX Forward Contracts (Video): Find out the distinctive features of foreign exchange (FX) forward contracts and discover how they can be used to hedge FX risk. This video is a preview of FX Initiative’s FX Spot & Derivatives course as part of Learning Objective #1. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training April 27, 2021By FX Initiative FX Spot & Derivatives, General accounting, contract, currency, derivative, discount, education, EPS, example, expenses, finance, forward, fxcpe, fxinitiative, gain, hedge, interest, learning, long, loss, management, maturity, option, payables, premium, pricing, rates, receivables, revenues, risk, short, training, treasury 0 0 Comment
Recognizing FX Revenues & Receivables Recognizing FX Revenues & Receivables (Video): Explore the economic and accounting similarities and differences between forecasted and booked foreign exchange (FX) transactions using the FX Transaction Simulator tool. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training April 20, 2021By FX Initiative FX Transaction Simulator, General accounting, analysis, ASC815, ASC830, booked, compare, constrast, currency, demonstration, economic, education, example, expense, FAS133, FAS52, forecast, fxcpe, fxinitiative, learning, management, payable, receivable, recognized, revenue, risk, simulation, tools, training, unrecognized 0 0 Comment
Exploring FX Economic Risk Exploring FX Economic Risk (Video): Explore the concept of foreign exchange (FX) economic risk and recognize its macro impact on the financial statements and global business opportunities. This video is a preview of FX Initiative’s FX Risk Exposures course as part of Learning Objective #1. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training April 13, 2021By FX Initiative FX Risk Exposures, General accounting, business, CPE, currency, economics, education, elections, exchange, finance, foreign, forex, fxcpe, fxinitiative, government, hedging, learning, loss, macro, management, policy, political, profit, regulatory, risk, training, treasury 0 0 Comment
April 2021 Newsletter April FX Learning Agenda: Explore our April 2021 newsletter and discover the latest blog posts and insights from FX Initiative on currency risk management. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Scale the learning curve quickly and easily with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter April 6, 2021By FX Initiative General accounting, CPE, currency, development, education, examples, exchange, finance, foreign, fxcpe, fxinitiative, insights, learning, management, newsletter, professional, risk, training, treasury, updates, videos 0 0 Comment
Clarifying Currency Quoting Conventions Clarifying Currency Quoting Conventions (Video): Distinguish the difference between direct and indirect currency quotations. This video is a preview of FX Initiative’s FX Market Overview course as part of Learning Objective #2. To learn more, start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training March 30, 2021By FX Initiative FX Market Overview American, AUD, bid, CAD, CHF, CPE, currency, direct, education, EUR, European, fxcpe, fxinitiative, GBP, indirect, ISO4217, JPY, learning, majors, managment, NZD, offer, quotations, quotes, risk, USD 0 0 Comment
CPE Webinar Invite: Cash Flow Hedging Program Overview FX Initiative cordially invites you to attend our webinar titled “Cash Flow Hedging” on Thursday, March 25th at 11AM Pacific / 2PM Eastern. Join us for a continuing professional education (CPE) program and earn CPE credit as we learn how to how to hedge and account for forecasted foreign exchange (FX) revenues and expenses. We will begin by defining the concept of a cash flow hedge, and how companies incorporate this type of hedge into a larger FX risk management program across the enterprise. We will then examine how FX revenues and expenses impact the financial statements with a focus on the limited visibility into a transaction’s FX gain or loss to date. From there, we will explore hedging FX revenues and expenses with forward contracts, and address the impact on cash flows as well as the options that are available to account for derivative instruments and hedging activities. Lastly, we will identify best practices for hedging forecasted FX transactions and emphasize how public and private companies prioritize their foreign exchange hedging objectives in order to achieve their desired risk management results. Learning Objectives Discover the concept of a foreign exchange (FX) cash flow hedge. Explore how FX revenues and expenses impact the financial statements. Recognize the cash flow and accounting implications of cash flow hedges. Identify corporate best practices for hedging forecasted FX transactions. Who Should Attend? New and seasoned finance, accounting, treasury, and related professionals (CPA, CIA, CRMA, CFE, etc.) interested in international business. Register March 23, 2021By FX Initiative General, Webinar accounting, best, business, COGS, CPE, currency, earnings, education, event, expenses, finance, forecast, forex, fxcpe, fxinitiative, global, hedge, income, international, learning, management, policy, practices, revenue, risk, sales, training, treasury, virtual, webinar 0 0 Comment
Fortifying the FX Global Code Fortifying the FX Global Code: The FX Global Code explains the set of global principles of good practice in the foreign exchange (FX) market, and was introduced by the Bank for International Settlements (BIS) Markets Committee in May 2017. To date, over 500 market participants have signed Statements of Commitment to the FX Global Code. The FX Global Code aligns with the foreign exchange (FX) risk management best practices FX Initiative teaches to FX market participants, including FX sales teams and treasury professionals. The goal of the FX Global Code is to promote fairness in FX trading, and FX Initiative encourages our audience to learn about and benefit from the code in 2021. Download the FX Global Code PDF Ready to learn more about FX risk management best practices? Start your FX risk management training today, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples & events at FXCPE.com. Start FX Training March 16, 2021By FX Initiative General behavior, best, compliance, confirmation, CPE, education, ethic, ethical, exchange, execution, fairness, foreign, fxcpe, fxinitiative, global, governance, guidelines, information, learning, liquidity, management, market, prcatices, price, risk, rules, settlement, sharing, standards, trading, training, transparency, trust 0 0 Comment
CPE Webinar Invite: Balance Sheet Hedging Program Overview FX Initiative cordially invites you to attend our webinar on Balance Sheet Hedging on Thursday, March 11th 2021 at 11AM Pacific / 2PM Eastern. Join us and learn how to hedge FX receivables & payables and mitigate FX gains & losses. This Balance Sheet Hedging webinar will teach you how to hedge foreign exchange (FX) receivables and payables to mitigate FX gains and losses on the Income Statement. We will begin by defining the concept of a balance sheet hedge, and explore why is it often viewed as the foundation of many corporate FX risk management programs. We will break down the impact of how FX receivables and payables, which are known as underlying positions, produce FX gains and losses on the financial statements from mark-to-market accounting treatment. We will then explore how to offset those underlying FX gains and losses on the Income Statement by hedging with forward contracts to reduce periodic earnings volatility. Finally, we examine best practices for optimizing balance sheet hedges by considering details such as accounting booking rates, netting of exposures, and adjusting hedges as balances change from cash inflows and outflows. Learning Objectives Discover the concept of a foreign exchange (FX) balance sheet hedge program. Recognize how FX receivables and payables impact the financial statements. Explore how forward contracts can be used to mitigate FX gains and losses. Identify best practices for optimizing and adjusting balance sheet hedges. Who Should Attend? New and seasoned finance, accounting, treasury, and related professionals (CPA, CIA, CRMA, CFE, etc.) interested in international business. Register March 9, 2021By FX Initiative Webinar accounting, best, business, CPE, currency, derivative, earnings, education, event, finance, forex, forward, fxcpe, fxinitiative, gain, global, hedge, international, learning, loss, management, offset, practices, risk, training, treasury, virtual, volatility, webinar 0 0 Comment
March 2021 Newsletter March FX Risk Management Mastery: Read our March newsletter and discover the latest blog posts and insights from FX Initiative on currency risk management. We help finance, accounting, treasury, and sales professionals stay up to date with new training content, CPE webinars, and helpful tips & resources. Scale the learning curve quickly and easily with our foreign exchange risk management training, which provides 24/7 365 access to our complete suite of foreign exchange (FX) continuing professional education (CPE), examples and events at FXCPE.com. Start Training > View Newsletter March 2, 2021By FX Initiative General accounting, articles, CPE, currency, development, education, events, examples, finance, fxcpe, fxinitiative, hedging, insights, learning, management, model, newsletter, professional, risk, simulation, strategy, treasury, updates, videos, virtual 0 0 Comment