| Friday, May 18, 10:30-11:45 | view all sessions this time |
| Risk | view all sessions this track |
308-FX Risk: Balance Sheet or Income Statement?
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| The session will focus on helping companies think through hedging currency risk that is resident on both their balance sheets and income statements. Many companies focus on their balance sheet hedging program, and this session will be focused on helping firms to understand the link between hedging net income, fx remeasurement, and operating margin. |
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| Learning Objectives: | |
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Understand the 3 main types of currency risk & the challenges to developing a holistic approach to currency risk management |
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Understand how other firms implement hedging programs |
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Articulate a framework through which a firm can approach holistic currency risk management |
| Razvan
Ionescu, CFA, Chatham
Financial
Razvan is a member of Chatham’s Hedge Advisory group advising public and private companies in various industries. Razvan manages client relationships and advises treasurers and senior finance executives on analyzing, structuring and transacting foreign currency and interest rate derivatives. Previously, he was the corporate clients’ team lead on the Accounting Advisory team, consulting companies on derivatives accounting under US GAAP and IFRS. Prior to Chatham, Razvan was an assistant manager at KPMG, auditing and consulting clients in the financial services industry. A graduate of
Bucharest Academy of Economic Studies, Razvan holds a MSC. in Finance
from London Business School and is a Chartered Financial Analyst.
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