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Replace EU Currency Field from the Accounting Contract

Replace EU Currency Field from the Accounting Contract

Aug 6th, 2022

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How to Replace EU Currency Field from the Accounting Contract

4.7 out of 5

36 votes

In this session, Professor Farhad discusses forward contracts as a hedging instrument, important in advanced and international accounting, as well as relevant for the CPA exam. He invites viewers to connect with him through his YouTube channel, LinkedIn, Facebook, and Twitter. The focus is on hedging foreign exchange rate risks. Building on concepts from a prior session, he explains that engaging in foreign currency transactions exposes individuals to risk associated with currency fluctuations. The session aims to provide insights into managing these risks using forward contracts.

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