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In this session, Professor Farhad discusses forward contracts as a hedging instrument, a topic relevant to advanced accounting, international accounting, and the CPA exam. He encourages viewers to connect with him through his YouTube channel, LinkedIn, Facebook page, and Twitter. The focus of the tutorial is on hedging foreign exchange rate risks associated with foreign currency transactions. The professor highlights that engaging in such transactions inherently involves risk, which can be mitigated through the use of forward contracts. For those seeking additional resources, he invites them to explore his website and YouTube channel.