Track: Risk Management

Are You Hedged? Getting the Exposures Right!

Monday, October 20, 2008
10:30 a.m. - 12:00 p.m.
Room: 515 B

This session will provide a toolbox to use to determine the correct way to identify and hedge exposures. In the session, we will discuss the sources of foreign exchange, interest and commodity exposures and the key issues that often arise when hedging these exposures.

Speakers:

• Craig R. Root, CTP
  Director, Corporate Finance and Banking
  Ecolab, Inc.

• Stephen R. Purtell
  Vice President and Treasurer
  Seimens Healthcare Diagnostics

• Michael D. Irgang
  Senior Director, Risk Management
  McDonald's Corporation

Objectives

• Correctly identify and measure foreign exchange, interest rate and commodity exposures
• Determine the appropriate tenor for your hedges
• Discuss alternatives to traditional hedging strategies
• Discuss potential accounting issues that arise from hedging these exposures

Pre-Requisites

• Accounting knowledge helpful, but not required

Take-Aways

• List of additional readings and resources

CPA Field of Study: MAS