Track: Financial Accounting and Reporting

What?s Your Future FX Risk: Protecting Cash Flows and Balance Sheets from Foreign Currency Volatility

Tuesday, October 21, 2008
10:30 a.m. - 12:00 p.m.
Room: 409 AB

Most multinational companies still struggle with two key questions: "What is the foreign exchange exposure to balance sheets and forecasted cash flows?" and "How can we protect margins, revenues and the value of our firm from unanticipated FX volatility?" In this session, learn about the obstacles to accomplishing these objectives and the latest techniques and tools to help overcome them.

Speakers:

• Cynthia Torsney
  Foreign Exchange Manager
  Google, Inc.

Objectives

• Determine common sources of multicurrency accounting errors within most ERP systems
• Understand the typical challenges of managing FX exposure to balance sheets and forecasted cash flows

Pre-Requisites

• Knowledge of risk management
• Knowledge of FX exposure management

Take-Aways

• Key factors that lead to multicurrency accounting errors
• Key questions for treasury to ask finance about multicurrency accounting processes

CPA Field of Study: ACCT