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✓ Identify & quantify accounting anomalies.
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☑️ Implementation of processes
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Many companies want to hedge their economic exposure to #ForeignCurrency, but with foreign functional subsidiaries, hedging net income is difficult to do.
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Helen Kane says, "Cheap financing is no longer a market reality for companies."
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The Financial #Accounting Standards Board (FASB)’s guidance on “Foreign Currency Matters” (Topic 830) governs how #foreigncurrency transactions should be recorded and managed while on company #financialstatements.
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#Treasurers are focusing much more on data-driven treasury innovation in an effort to mitigate the impact of #deglobalization and ongoing macro and geopolitical challenges.
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For financial professionals and their #ERP systems, some foreign currency transactions are more difficult to account for than others. Click to read 4 difficult and problematic types of transactions – and how to fix them. bit.ly/3L0Dz9W
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Net income hedgers need to keep a close eye on both the accounting and the economics of their hedge program. If not, it could lead to sloppy hedging or inadvertently taking on speculative risk. Learn more: bit.ly/3RNOsPj
Thinking about starting or refining your #FX hedge program? One of the first steps (after setting your objectives, of course) starts with looking at #foreigncurrency transactions that could be driving FX gains or losses. Here’s what you need to know: bit.ly/3TXzOX1



















