Corporate Finance

Controllers' Guide to Multinational Financial Management: Part 3

Course Overview
This course (Parts 1 through 4) is designed for managers working for multinational companies (MNCs) as well as accountants, CFOs, controllers, treasurers, and international investors. In a modern economy, neither businesses nor individual investors can afford to be ignorant of the basic concepts of international finance. Changes in exchange rates and differences in national inflation and interest rates can affect the competitive position of businesses regardless of whether they are engaged in international operations.

For companies that are engaged in international business, national differences in banking, commercial laws, regulations, and political stability also complicate decision making. Today’s investors must also understand the effects of, and interactions among, exchange rates, inflation rates, and interest rates if they wish to maximize their returns and minimize their risks.

The study of multinational finance constitutes an essential component of a modern business education. The subject multinational finance is offered in a variety of titles including international finance, global finance, international financial management, or financial management of multinational corporations etc. at both the undergraduate and graduate levels.

Controllers' Guide to Multinational Financial Management (Parts 1 through 4) provides a clear and concise introduction to international finance. This course is written and compiled for working professionals engaged in the fields of international finance, global trade, foreign investments, and banking. It may be used for both day-to-day practice and for technical research. This course is a practical reference of proven techniques, strategies, and approaches that are successfully used by professionals to diagnose multinational finance and banking problems. The course covers virtually all important topics dealing with multinational business finance, investments, financial planning, financial economics, and banking. This course will benefit accountants, practicing financial analysts, CFOs, controllers, financial managers, treasurers, money managers, fund managers, investment analysts, and professional bankers, who are engaged in multinational operations.

Controllers' Guide to Multinational Financial Management (Parts 1 through 4) will enlighten the practitioner by presenting the most current information, offer important directives, and explain the technical procedures involved in the aforementioned dynamic business disciplines. The course applies to large, medium, or small multinational companies. It will help you to make smart decisions in all areas of international finance and banking.

You’ll find ratios, formulas, examples, applications, exhibits, charts, and rules of thumb to help you analyze and evaluate any global finance-related situation.

Learning Objectives:

After completing this course, the course participant should be able to:
  • Recognize the nature of transaction exposure.
  • Recognize how hedging techniques can decrease uncertainty.
  • Identify strategies for eliminating some transaction exposure.
  • Identify the contracts that can be used to hedge risk.
  • Define translation exposure as it relates to foreign currency exposure.
  • Recognize the functional currency of the firm.
  • Identify different methods for translating financial statements.
  • Recognize operating (economic) exposure as it relates to multinational, import-export, and purely domestic operations.
  • Identify methods and objectives for a company to minimize operating exposure from changes in various exchange rates.
  • Recognize strategies for controlling the degree of operating exposure to exchange rate changes.
  • Recognize the main documents that are used to in international trade.
  • Identify the purpose of quasi-government institutions that help businesses control credit risk, such as the Foreign Credit Insurance Association.
  • Identify organizational structures used by multinational companies to reduce its need for bank lending to support international cash flow.
  • Recognize the principle behind practices such as multilateral netting.
  • Recognize international business practices associated with working capital management such as countertrade.

  • Speaker / Author:

    Steve Spafford is a CPA with DeltaCPE LLC, a national CPE provider.


    Price (USD)

    Standard: $49.90


    Course Code : 99DEL25

    Release Date : 03/10/2016
    Expire Date : 10/31/2021
    Credits :
    CPE 2.00
    QAS 2.00

    Course Level : Overview
    Course Type : QAS Self-Study
    Length : 1hr 40min
    Passing Grade : 70%
    Field Of Study : Finance
    Theme : Corporate Finance

    Format Type : eLearning
    Mobile Compatible

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