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In this tutorial, Professor Farhad discusses forward contracts as a hedging instrument, relevant for advanced accounting, international accounting, and the CPA exam. He invites viewers to visit his website and YouTube channel for more lectures and expresses a desire to connect with his audience personally through various platforms like LinkedIn, Facebook, and Twitter. The session focuses on hedging foreign exchange rate risks, emphasizing that engaging in foreign currency transactions exposes individuals to risks associated with buying or selling in foreign currencies.