Time is running out. Economic conditions in Argentina have deteriorated, with interest rates exceeding 40%, the Argentine peso (ARS) depreciating more than 50% vs. the U.S. dollar (USD) in the last year, and inflation rates approaching 4% per...
March
19,
2018
Posted by
Glenn Suarez
A successful foreign exchange hedge program requires both a well-planned implementation and careful maintenance. Unclear objectives, poorly documented strategies, and bad data lead to confusion and unexpected results. Surprises happen. Fingers...
February
12,
2018
Posted by
Helen Kane
With the prospect of off-shore cash moving back to the US, and much of it currently denominated in EUR or other volatile foreign currencies, when should treasury departments be protecting the USD value of these soon-to-be repatriated amounts? ...
September
13,
2017
Posted by
Jim Shepard
The critical role of hedging global operations is rarely recognized. Read on as we examine the importance and how it can save your company’s earnings. Currency movements – whether overnight surprises like the GBP’s free fall the morning after...
June
13,
2017
Posted by
Jim Shepard
The client stopped missing forecasts due to currency movements when Hedge Trackers showed senior management that hedging could mitigate currency risk without increasing accounting risk. The Background: Currency movements were wreaking havoc on...
March
07,
2017
Posted by
Jim Shepard
In some respects, Treasury has a dual burden where Balance Sheet hedging is concerned. Not only does the typical Treasury professional need to understand currency markets and derivatives, but he or she is often responsible for explaining the results...
December
07,
2016
Posted by
Helen Kane
As originally written by Helen Kane for AFP. It is quite common for U.S. corporations with foreign functional entities to leave cash overseas until an American tax holiday makes it advantageous to convert it to U.S. dollars.
October
13,
2016
Posted by
Glenn Suarez
Currency hedgers have the choice of including or excluding time value in effectiveness testing when applying cash flow hedge accounting to derivatives hedging forecasted FX-denominated transactions.
September
13,
2016
Posted by
Helen Kane
Hedge accounting is changing – for the better! There are a few items in FASB’s Sept. 8 Exposure Draft that should be noted, as these will affect all foreign currency hedgers taking special hedge accounting:
