Please help Accounting work. Thank you

Aug 2nd, 2015
FratBro23
Category:
Accounting
Price: $10 USD

Question description

All work must me 100% original by the tutor and at least 5 to 6 sentences.  No cover sheet is needed.

Foreign Currency Transactions and International Financial Reporting Standards (IFRS)"

  • Analyze the main reasons why a company might prefer a foreign currency option over a forward contract in hedging a foreign currency firm commitment. In contrast, analyze the main reasons why a company might prefer a forward contract over an option in hedging a foreign currency asset or liability. Determine the option (i.e., a foreign currency option or a forward contract) that you consider to be more effective. Provide a rationale for your response.
  • Assume that all the companies in the world use International Financial Reporting Standards (IFRS). Determine at least two (2) obstacles to the worldwide comparability of financial statements, and provide one (1) strategy to overcome the obstacles in question. Provide support for your rationale.

Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UT Austin
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ddg82
Dec 7th, 2016
" Thanks, good work "
kenmwao2
Nov 23rd, 2016
" Solid work, thanks. "
tinytim47
Nov 23rd, 2016
" Wow this is really good.... didn't expect it. Sweet!!!! "
jestin7
Nov 14th, 2016
" This tutor is great! "
lilmoe415
Nov 1st, 2016
" Thank you, Thank you, for top quality work, this is your guy!! "
dontuwannaknow
Oct 9th, 2016
" Excellent work as always thanks so much "
thargrow
Sep 30th, 2016
" Very Satisfied. "
SjSurvivor143
Sep 26th, 2016
" Thanks for the help. "
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