Mastering FX Risk Management Webinar Program Overview FX Initiative cordially invites you to attend our webinar titled “Mastering Currency Risk Management”. Join us for a continuing professional education (CPE) program and earn CPE credit as we address the fundamental concepts of corporate foreign exchange (FX) risk management. This informational session will share best practices on how to identify, analyze, execute, and optimize a foreign exchange (FX) risk management program. Participants will learn how to assess a firm’s FX risk profile using a step-by-step analysis framework, the four approaches for managing FX risk, the impact FX risk has on the financial statements, and key terminology and takeaways for building a world class FX risk management program. Learning Objectives Discover how leading multinational corporations identify foreign exchange (FX) risk, including transaction, translation, and economic risk. Explore how to analyze FX risk management strategies, including balance sheet hedging, cash flow hedging, and net investment hedging. Identify key considerations when executing FX risk management plans, including the importance of strategy, policy and financial reporting. Recognize approaches to optimizing FX risk management plans by investing in personnel, resources, and operations to improve results. Who Should Attend? New and seasoned finance, accounting, treasury, and related professionals (CPA, CIA, CRMA, CFE, etc.) interested in international business. Register April 23, 2024By FX Initiative General, Webinar accounting, business, cashflows, CPE, cross border, currency, derivatives, development, economics, education, events, examples, exchange, finance, foreign, forex, fxcpe, fxinitiative, global, hedging, initiative, international, learning, management, models, payments, professional, risk, simulation, strategy, trading, training, transactions, treasury, webinars 0 0 Comment
Simulating Foreign Exchange Strategies In the field of foreign exchange (FX), companies are managing currency risk exposures and hedging strategies more effectively by using business intelligence (BI) tools that provide data analysis and visualization. To support global businesses, FX Initiative offers a unique suite of specialized simulation tools that model common FX risk management strategies and demonstrate best practices for preserving assets on the balance sheet and mitigating FX gains on losses on the income statement. Our FX Transaction Simulator helps treasury professionals gain valuable insight by modeling the economic and accounting impact of specific hedging strategies for underlying foreign exchange exposures such as revenues, expenses, receivables, and payables. Users can simply input their company specific and foreign exchange market variables, and then test a variety of hedging strategies, which include not hedging or hedging with a forward contract, vanilla option or zero cost collar. The resulting output is a highly detailed interactive FX risk analysis that charts the economic payoff of your selected hedging strategy, ranks the alternative hedging strategies, and reports the accounting journal entries and t-accounts with authoritative references to U.S. generally accepted accounting principles (GAAP). Behind the scenes, our robust pricing engine and database simplifies the risk analysis process for you so you can focus on the bottom line impact to your business. This versatile tool transforms 16 inputs into one information rich analysis in 3 easy steps. The first step is to select (1) the Underlying Exposure and input the related variables of (2) Functional Currency, (3) Foreign Currency, (4) Underlying Notional Amount, (5) Beginning Exchange Rate, (6) Currency Quoting Convention, (7) Start Date, (8) End Date and (9) the Day Count. Step 2 is to select a (10) Hedging Strategy and input the related variables of (11) Hedge Ratio %, (12) Domestic Interest Rate, (13) Foreign Interest Rate, (14) Implied Volatility, and (15) the Collar Range. The third and final step is to forecast (16) the ending exchange rate to see how positive and negative changes in exchange rates impact the cash flow and financial reporting of your selected hedging strategy. By leveraging our suite of FX risk modeling tools, finance, accounting, and treasury professionals can address a wide variety of FX scenarios that can be customized efficiently and effectively. For example, if you want to change your underlying exposure or hedge strategy, it’s as simple as one-click. If you want to know which strategy yields the best outcome, all 4 strategies are ranked for you automatically. If you want to see how the default or elective accounting treatment differ, the journal entries and t-accounts are instantly presented side-by-side. This FX Transaction Simulator acts as your own personal quantitative analyst, and puts you in a position to make more qualified foreign exchange risk management decisions. To start simulating FX strategies, 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 Risk Management Training > April 16, 2024By FX Initiative Examples, FX Transaction Simulator accounting, business, corporation, CPE, cross-border, currency, development, earnings, economics, exchange, finance, foreign, forex, fxcpe, fxinitiative, hedging, initiative, international, management, multinational, payments, professional, risk, trading, training, transcation 0 0 Comment
April 2024 Newsletter April FX Advancement: Read our newsletter and discover the latest blog posts and insights from FX Initiative on currency risk management. We help finance, accounting, and treasury professionals stay up to date with training content, CPE webinars, and helpful 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 2, 2024By FX Initiative General accounting, business, cashflows, corporation, CPE, currency, derivatives, development, economics, education, events, examples, finance, fxcpe, fxinitiative, hedging, initiative, international, learning, management, multinational, payments, professional, risk, trading, training, treasury, webinars, workshops 0 0 Comment
Prioritizing FX Risk Policies & Procedures (Video) Prioritizing FX Risk Policies & Procedures (Video): Learn the importance of a foreign exchange (FX) risk management policy and explore how firms such as Apple put formal plans into place. This video is a preview of FX Initiative’s FX Risk Management 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 26, 2024By FX Initiative FX Risk Management, General accounting, business, cashflows, corproation, cpe, currency, development, economics, education, events, examples, expense, finance, fxcpe, fxinitiative, hedging, initiative, international, management, multinational, payments, professional, revenue, risk, settlement, trading, training, treasury 0 0 Comment
Tracking FX Transaction Types (Video) Tracking FX Transaction Types (Video): Explore the 4 kinds of FX transactions using Apple as an example. 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 March 19, 2024By FX Initiative FX Risk Exposures, General accounting, advisory, business, cashflows, CPE, currency, derivatives, development, economics, education, events, examples, execution, exhange, expertise, finance, foreign, fxcpe, fxinitiative, hedging, initiative, international, management, payable, payments, professional, receivable, risk, trading, training 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 12, 2024By FX Initiative FX Market Overview, General accounting, corporation, CPE, currency, derivatives, development, education, events, examples, finance, fxcpe, fxinitiative, gain, hedging, initiative, learning, loss, management, multinational, professional, risk, training, treasury, webinars 0 0 Comment
March 2024 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 5, 2024By FX Initiative General accounting, business, cashflows, corporation, CPE, currency, derivatives, development, economics, finance, forwards, fxcpe, fxinitiative, global, heding, initiative, internatinoal, maanagment, options, payments, professional, risk, training, treasury 0 0 Comment
Webinar Training & Workshops FX Initiative cordially invites you to attend our 6 part webinar series titled “Mastering Currency Risk Management.” To complement our self-study video training, these sessions are designed address common FX strategies and challenges global organizations encounter when managing currency risk. Each live webinar is eligible for CPE credit, and offers the ability to interact with the instructor, engage with the audience through real time polling questions, and participate in question and answer segments. FX Risk Management Webinar Series Mastering Currency Risk Learn the fundamentals of corporate foreign exchange risk management. FX Risk Management Policies Learn how to draft a corporate foreign exchange risk management policy. FX Forward Contracts Learn what forward contracts are and why they are the most used derivative. Balance Sheet Hedging Learn how to hedge FX receivables & payables and mitigate gains & losses. Cash Flow Hedging Learn how to hedge and account for forecasted FX revenues & expenses. Net Investment Hedging Learn how to hedge assets & equity in foreign subsidiaries operating abroad. Whether you are interested in a timely session related to recent developments impacting the foreign exchange market or would like a scheduled approach to start learning FX risk management, our live webinar sessions are designed to help you solve unique FX risk management challenges that are not otherwise addressed in our video based programs. Explore our Events page to register and learn more about the learning objectives covered in our educational webinar series titled “Mastering Currency Risk Management.” Webinar Registration > February 27, 2024By FX Initiative General, Webinar accounting, business, cashflows, corporation, CPE, currency, development, economics, education, events, examples, finance, fxcpe, fxinitiative, global, hedging, international, management, NASBA, payments, professional, risk, training, treasury, webinars 0 0 Comment
White Label Web Applications FX Initiative's white label web applications are designed to help treasury professionals and FX sales teams with a wide variety of foreign exchange (FX) risk management challenges and opportunities. Whether you are creating a FX risk policy or analyzing economic and accounting scenarios, our risk models and strategy simulations share best practices in easily understandable formats. Examples include: FX Risk Policy FX Terms Glossary ISO Currency Codes Foreign Subsidiaries FX Revenues FX Expenses FX Receivables FX Payables FX Spot Transactions FX Forward Contracts FX Option Contracts FX Zero Cost Collars Our white label web applications are branded with the client's logo and embedded as an iframe into the client's website. An iframe is one of the most convenient HTML structures, and is an embedded window on the client’s web page that shows content hosted on FX Initiative’s servers. In 4 simple steps, our solutions can be deployed on the client's website quickly and easily with minimal technology resources. Learn More February 20, 2024By FX Initiative General, Partnerships accounting, business, cashflows, CPE, currency, development, economics, education, events, examples, finance, fxcpe, fxinitiative, global, hedging, initiative, international, learning, management, payments, professional, risk, trading, training, treasury 0 0 Comment
FX Risk Management Training Topics FX Initiative offers access to our online Learning Center for paid training and free content to help your company conquer corporate currency risk management. Explore our FX articles, videos, courses, tools, and webinars. Our goal is to help sharpen your FX skills, contribute to your professional development, and add to your firm’s performance and profitability. Explore FX Learning Center > Whether you are new to foreign exchange or a seasoned professional, continue following FX Initiative for your FX risk management formula. 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 Risk Management Training > February 13, 2024By FX Initiative General accounting, business, cashflows, corporation, CPE, currency, development, economics, education, events, examples, finance, fxcpe, fxinitiative, global, hedging, initiative, learning, management, multinational, payments, professional, risk, training, treasury 0 0 Comment