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.

  Program Policies

  This program is limited to the first 250 registrants. FX Initiative does not provide refunds for webinar registrations or cancellations. For more information regarding program policies, please read our webinar policies and system requirements or email support@fxinitiative.com.

  Additional Information

  Presenter: Evan Mahoney, CPA
  Sponsor: FX Initiative, LLC
  Date: Request Invite
  Time: 11AM Pacific | 2PM Eastern
  Location: Online via GoToWebinar
  Duration: 1 Hour
  CPE Credits: 1 CPE Credit
  Program Level: Basic
  Prerequisites: None
  Advanced Preparation: None
  Delivery Method: Group Internet Based
  Field of Study: Management Services

To contact us about this program, including complaint, refund, and cancellation policy information, please email support@fxinitiative.com or call (312) 566-7475.

FX Initiative, LLC (Sponsor ID#112915) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Concerns regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org