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In this session, Professor Farhad discusses the concept of forward contracts as a hedging instrument, which is covered in advanced accounting, international accounting, and the CPA exam. Viewers are encouraged to visit his website or YouTube channel for additional lectures. He also emphasizes the importance of connecting with viewers on a personal level through subscribing to his YouTube channel, connecting on LinkedIn, liking his Facebook page, or following him on Twitter. The session explores how hedging foreign exchange rates can mitigate risks associated with foreign currency transactions.
