This FX Forward Contracts webinar will explain what forward contracts are and why they are the most used foreign exchange (FX) derivative among multinational corporations. We begin with a basic understanding of over-the-counter (OTC) foreign currency derivatives that are sold by commercial banks as part of their international treasury and risk management products. We will then delve into the fundamentals of forward contracts, including long and short positions and forward point premiums and discounts. Additionally, we will examine the payoff profile of a forward contract and review the economic cash flow and financial reporting implications. To conclude, we will look at the overwhelming popularity of forward contracts using the Bank for International Settlements (BIS) FX data as well as highlights from the annual reports (10-K) of several multinational corporations that deploy forward contracts to hedge currency risk.

Learning Objectives

• Discover the concept of over-the-counter (OTC) foreign currency derivatives.
  Identify what forward contracts are and how forward points are calculated.
  Recognize the payoff profile, economics and accounting of forward contracts.
  Explore why forward contracts are the most used FX derivative by corporations.
   

  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