Participants will work on case studies designed to reinforce and develop the ability to understand and prepare hedge accounting journal entries under cash flow hedge accounting treatment.

After completing this course, participants will be able to understand how hedge results should be reported internally and externally.

After completing this course, participants will be able to convert amounts from one currency to another, evaluate a strengthening or weakening currency, and have a general understanding of why exchange rates are needed for accounting purposes.

After the class, participants who have participated in the basics through intermediate workshop training track will have the ability to extrapolate uses for these types of strategies and apply the concepts to finance and planning situations.

After completing this course, participants will be able to better account for new and ongoing foreign currency transactions as wells understand how different foreign currency transactions will impact their financial statements.

After completing this course, participants will be able to account for foreign denominated transactions and translate a foreign set of financial statements into USD.