What Auditors Look For in Valuing Financial Instruments
Hedgebook proudly works with 75% of the UK’s top thirty audit firms. Hedgebook Audit is also used by auditors across Australia, New Zealand and the USA. Discussions with customers reveal there are five main reasons auditors use Hedgebook which we thought might be useful to share.
5 reasons why FX Sales Teams need a Client Dashboard
FX sales teams work portfolios of customers managing multiple currency hedging instances across each one. This blog explores five ways in which a Client Dashboard can help surface opportunities, engage customers and lift overall performance.
When to use zero-premium collar options as the method of hedging
If it is not wise to always hedge via zero-premium collar options and you should never pay a premium to buy outright call and put currency options – what is the right approach?
New Focus as Pressure Mounts on Auditors
Not only are companies struggling with the increased focus on exchange rates, but our auditors are also having to learn new tricks.
Mark-to-Market Valuations Seen in New Light
For a long time, mark-to-market valuations were sent by your bank once a year, whether you wanted them or not. They might have been of interest, they might not. You might have felt compelled to…
Why FX Valuations are Wasted at Year End
If the market dropped tomorrow, do you know your exact FX valuations and exposure today? Not just an estimate, an independently calculated position. With Brexit and Covid-19 bringing volatility to the market, UK companies are…
Three Ways Hedgebook Helps Banks and Brokers Work Smarter
Over the past few years, Hedgebook has worked closely with channel partners across the United Kingdom, Europe, the US and Australasia. We have learnt a lot about banks and brokers pain points when it…
Surprisingly FX Management is Business-as-usual in UK
Last year the talk was all about Brexit. How UK companies needed to better manage foreign exchange risks due to uncertainty and subsequent volatility in the currency markets. We all know what the talk currently…
The conundrum of materiality and financial instruments
As a guest speaker at a recent, global accounting network event I was very interested to hear a robust discussion focused on the subjective area of “materiality”. The unsurprising, and somewhat unsatisfactory, conclusion from the…
Financial Reporting Council – The Enforcers
Did you know that the UK accounting watchdog, the Financial Reporting Council, nearly doubled its fines to £12.8m last year for non-compliance with FRS102 when conducting audits? A common area of non-compliance for audit firms…
Where do Swaps Fit into Your Company’s Portfolio?
This is part 10 of a 10 part series on currency swaps and interest rate swaps and their role in the global economy. In part 9, we discussed regulation affecting swaps. In part 10, we’ll review the effectiveness of swaps and whether or not they should be used part of a hedging strategy.
Understanding Central Bank Liquidity Swaps
This is part 7 of a 10 part series on currency swaps and interest rate swaps and their role in the global economy. In part 7, we illustrated how companies use swaps in the global market place, but on a company-to-company basis. In part 8, we’ll explain the purpose of swaps on the central bank level and when they’re used.