The case is split into four different modules, that can be run separately or in sequence. 1) Choice of the most appropriate FX policy: students will learn what FX risk is and how to make out the most appropriate FX risk management model. 2) Measuring of FX exposure and choice of best hedging tool: they will gain knowledge of measuring FX exposure and choosing the most performing hedging tool among different alternatives (outright, call option purchasing, put option sale, knock-in forward) in compliance with entity’s FX risk management policy. 3) FX group clearing center: students will study how to implement a centralised management of foreign exchange risk through a FX clearing center and then measure the achievable benefits in terms of cost savings. 4) Hedge accounting (IAS/IFRS cash flow hedging): students will become skilled at booking in the company's accounts an effective hedging strategy in order to avoid the slightest change of company results due to fluctuations in exchange rates.
Phytofarma Italia case study: group FX risk management (part A,B,C,D)
VINZIA, MARIO ANTONIO;PETTINATO, OMBRETTA
2013
Abstract
The case is split into four different modules, that can be run separately or in sequence. 1) Choice of the most appropriate FX policy: students will learn what FX risk is and how to make out the most appropriate FX risk management model. 2) Measuring of FX exposure and choice of best hedging tool: they will gain knowledge of measuring FX exposure and choosing the most performing hedging tool among different alternatives (outright, call option purchasing, put option sale, knock-in forward) in compliance with entity’s FX risk management policy. 3) FX group clearing center: students will study how to implement a centralised management of foreign exchange risk through a FX clearing center and then measure the achievable benefits in terms of cost savings. 4) Hedge accounting (IAS/IFRS cash flow hedging): students will become skilled at booking in the company's accounts an effective hedging strategy in order to avoid the slightest change of company results due to fluctuations in exchange rates.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.