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In this session, Professor Farhad introduces the topic of accounting for foreign currency transactions, essential for advanced and international accounting, and relevant for the CPA exam. He encourages viewers to connect with him through various social media platforms, including LinkedIn, Facebook, and Twitter, as well as to subscribe to his YouTube channel. The session aims to explore the complexities involved in recording and reporting foreign currency transactions, highlighting their significance in accounting practices. The professor emphasizes the need to understand these concepts thoroughly.