Learners will analyze foreign currency transactions, apply hedging techniques, and evaluate US GAAP requirements for complex multi-stage accounting scenarios. This course equips participants to confidently measure exchange gains and losses, implement forward contracts, assess hedge effectiveness, and interpret financial impacts across reporting periods.

Mastering Foreign Currency Accounting & Hedging Techniques

Mastering Foreign Currency Accounting & Hedging Techniques
This course is part of Advanced Corporate Accounting and Financial Reporting Specialization

Instructor: EDUCBA
Access provided by ExxonMobil
Recommended experience
What you'll learn
Measure and record foreign currency transactions, including exchange gains and losses, under US GAAP.
Apply forward contracts and hedging techniques to assess hedge effectiveness across reporting periods.
Analyze and interpret the financial reporting impact of complex multi-stage foreign currency scenarios.
Skills you'll gain
Details to know

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11 assignments
December 2025
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There are 3 modules in this course
This module introduces learners to the essential concepts of foreign currency transactions, exchange rate mechanics, and the impact of currency fluctuations on financial reporting. Through foundational examples, learners build the skills required to measure, record, and analyze foreign currency transactions in real-world accounting scenarios.
What's included
9 videos4 assignments
This module provides an in-depth understanding of hedging strategies used to manage foreign currency risk, including forward contracts, cash flow hedges, and firm commitment hedges. Learners explore valuation techniques, hedge effectiveness, and detailed numerical examples to master practical hedge accounting applications.
What's included
9 videos4 assignments
This module focuses on advanced foreign currency accounting techniques, emphasizing US GAAP compliance, multi-stage valuation, and complex hedging examples. Learners deepen their knowledge of derivative accounting, OCI treatment, and the interaction between hedged items and hedging instruments across reporting periods.
What's included
5 videos3 assignments
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