Managing currency risk for a company typically falls to the controller. Including this often messy and complex responsibility into an already demanding schedule can be difficult. Knowing the right course of action for your company and developing a strategy will depend on several factors. However, even a do-nothing approach is itself a strategy that should be articulated. Public companies often make decisions to hedge their currency risk because of the impact currency movements can have on share price volatility. Non-public companies have a little different calculus about the value of hedging currency exposure, whether to better manage budgets or earnings forecasts. We will look at how to measure currency risk and various strategies available to manage that risk, including futures, forwards, swaps and options.
CPE credit: One CPE credit offered for successful completion.
Program Level: Basic
No advanced preparation needed.
Free to attend.
Darcie Lamond is Director of Brand at Airbase, responsible for content creation and messaging, and has 25 years of experience in finance and marketing. She began her career in the Treasury Department at Bank of America, focused on capital markets transactions. Her time in banking included a Senior VP role heading the marketing and trading of currency and interest rate derivative products globally for First Chicago (now Chase). She served as Partner, CSO, and CFO for a marketing agency, giving her hands-on experience in day-to-day operations and managing the company’s finance and accounting.
Official National Registry Statement:
Airbase 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 final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.