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Currency Headwinds - Hedge Accounting V: Treasury in Practice:

Currency Headwinds - Hedge Accounting V: Treasury in Practice:

ISBN: 9781533445087
Publisher: CreateSpace Independent Publishing Platform
Publication Date: 2016-05-25
Number of pages: 316
Any used item that originally included an accessory such as an access code, one time use worksheet, cd or dvd, or other one time use accessories may not be guaranteed to be included or valid. By purchasing this item you acknowledge the above statement.
$41.73

“Those Currency Headwinds from a strong U.S. dollar amounted to a $1.6 billion negative impact on revenues — $1.3 billion after the benefit of the company's hedging program. In fact, on a constant-currency basis, total revenue for the quarter grew 21 percent year-over-year (instead of the 13 percent reported).” 22 Oct 2015, Google, Alphabet CEO Sundar Pichai If one only divides the Translation – losses of these 30 companies outside the Dow Jones Index with the Net Income of the respective year 2013, 2014 or 2015 it is calculated a quotient of -8,7%, -26,2% and -28%. For 2015 15 of these companies have quotients of -35 % or higher. If no compensating currency – movements happen these losses become real. Despite of this fact, only 10 of these 30 companies hedge active the Translation – Risk via NIH. With an increasing globalization such “currency – headwinds” could grow further. So the US – GAAP and IFRS - balance rules for the Translation – Risk should be changed. These and other interesting facts / solutions are within this book. To check possible special currency management problems we divide these 30 international operating US – corporations in the 3 categories: “Old Economy”, “New Economy” and “Pharma“: Alphabet - Google, Alcoa, AbbVie, Abbot Lab., Amazon, AT&T, Colgate – Palmolive, ConocoPhilips, Deere, Dow Chemical, Ebay, Emerson Electric, Facebook, Ford, Fox, GM, Honeywell, Illinois Tool Works, Kraft Foods – MDLZ, Eli Lilly, Monsanto, Mylan Generics, Oracle, Paccar, PepsiCo, Philip Morris, TEVA, Valeant Pharma, Yahoo and Zoetis. Previously published books: 1) IRFS 9: Risk - Controlling IAS 39 / IFRS 7 - Hedge Accounting VI 2) IFRS 9: Analyse der Fehler IAS 39 / IFRS 7 3) Currency Headwinds - Hedge Accounting V 4) Currency Headswind - Hedge Accounting V - Treasury in der Praxis 5) Treasury in Practice: 25 Dow Jones Groups - Hedge Accounting IV 6) Treasury in der Praxis: Devisen - und Derivate Management 7) Currency - and Financial Derivative Management in Practice: Hedge Accounting III 8) Mrd. Grab Devisenmanagement Teil III: Hedge Accounting III – 67 europäische Konzerne - 618 Mrd. Probleme 9) Treasury in Practice: Translation - Risk, Fair Value Hedge and Cash Flow Hedge: Hedge Accounting II 10) Mrd. - Grab Devisenmanagement Teil II: Hedge Accounting Soon appears: Hedge Accounting VII – Master Mind IFRS 9 – Routenplaner Corporate Finance

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