Relevant bibliographies by topics / Foreign exchange futures Accounting / Dissertations / Theses

Dissertations / Theses on the topic 'Foreign exchange futures Accounting'

To see the other types of publications on this topic, follow the link: Foreign exchange futures Accounting.
Author: Grafiati
Published: 10 December 2022
Last updated: 29 January 2023

Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles

Select a source type:

Consult the top 50 dissertations / theses for your research on the topic 'Foreign exchange futures Accounting.'

Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.

You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.

Browse dissertations / theses on a wide variety of disciplines and organise your bibliography correctly.

1

Lau, Sun-wo. "Government regulation of futures market /." [Hong Kong : University of Hong Kong], 1985. http://sunzi.lib.hku.hk/hkuto/record.jsp?B12316854.

Full text
APA, Harvard, Vancouver, ISO, and other styles
2

Cheng, Sai-ho. "Rolling Forex /." Hong Kong : University of Hong Kong, 1998. http://sunzi.lib.hku.hk/hkuto/record.jsp?B19909135.

Full text
APA, Harvard, Vancouver, ISO, and other styles
3

Kaplanoglou, Sevasti D. "Empirical issues of foreign exchange risk management with futures contracts." Thesis, Durham University, 2000. http://etheses.dur.ac.uk/1531/.

Full text
APA, Harvard, Vancouver, ISO, and other styles
4

Lee, Chi-ming Simon. "A study of Hong Kong foreign exchange warrants pricing using black-scholes formula /." [Hong Kong] : University of Hong Kong, 1992. http://sunzi.lib.hku.hk/hkuto/record.jsp?B13302838.

Full text
APA, Harvard, Vancouver, ISO, and other styles
5

Moser, James T. "Pricing futures contracts : restrictions on trading-day price changes /." The Ohio State University, 1986. http://rave.ohiolink.edu/etdc/view?acc_num=osu1487323583619875.

Full text
APA, Harvard, Vancouver, ISO, and other styles
6

Sakoulis, Georgios. "Essays in international macroeconomics and finance /." Thesis, Connect to this title online; UW restricted, 2000. http://hdl.handle.net/1773/7450.

Full text
APA, Harvard, Vancouver, ISO, and other styles
7

Lau, Sun-wo, and 劉新和. "Government regulation of futures market." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1985. http://hub.hku.hk/bib/B31263264.

Full text
APA, Harvard, Vancouver, ISO, and other styles
8

Sibiya, Xolani. "Effects of foreign exchange listing on the returns of South African companies." Master's thesis, University of Cape Town, 2005. http://hdl.handle.net/11427/5623.

Full text
Abstract:
Includes bibliographical references.
There are a number of companies that seek dual listing in foreign stock markets. The number of foreign companies that are listed in the United States alone are above 3000. Companies seek foreign exchange listing for a number of reasons including the access to foreign capital, visibility in the foreign markets and ability to effect foreign market acquisitions through use of stock listed in the foreign markets. There are also costs associated with listing in the foreign markets, including the costs of compliance (these would include stock exchange costs, accounting and auditing compliance costs) and the costs of management time. There are a lot of studies that have been conducted in this area of finance and they show varying results. The results vary from significantly positive returns in the period before and after the listing date, to significantly negative returns before and after the listing date. There are studies that found there to be no significantly positive or negative returns. There are some that found significantly positive returns in either the pre or post listing period with significantly opposite returns in the opposing period. During the years between 1997 and 2000, a number of South African companies followed a trend of listing in their shares in the foreign markets, especially taking their primary listings to the London Stock Exchange. This study examines the effects of a foreign exchange listing in the returns of the South African companies that are listed in the foreign markets.
APA, Harvard, Vancouver, ISO, and other styles
9

Naka, Atsuyuki. "The volatility of financial markets: A time-series analysis of foreign exchange futures." Diss., The University of Arizona, 1989. http://hdl.handle.net/10150/184845.

Full text
Abstract:
This research introduces hedging and basis risk models based on intertemporal asset pricing between futures and spot currency exchange markets. Recently developed time-series models are employed and empirically tested for five currencies: the British pound, Canadian dollar, Deutschemark, Japanese yen and Swiss franc. The models of international intertemporal asset pricing, which have heretofore been largely based on the rational expectations hypothesis, are modified to allow for risk aversion. Recent research has demonstrated that the presence of risk premia can separate the expected future spot prices from certain speculative prices, such as futures and forward exchange rates, at the maturity date. My results show that there is strong indication of varying risk premia, as reflected in heteroskedastic error terms through time, in both hedging and basis risk models. The nature of heteroskedasticity is well captured by Autoregressive Conditional Heteroskedasticity (ARCH) and generalized ARCH (GARCH) models, which may explain the excess volatility of financial markets. Some markets indicate that the correct specification of models are ARMA with ARCH. I also extend the analysis from univariate to multivariate models, where the problem of heteroskedasticity is reflected in a system of equations. A multivariate ARCH model allows the conditional variance-covariance matrix to vary over time. The results support the hypotheses of varying risk premia for both hedging and basis risk models. The results of specification tests indicate that the models based on financial theory can be improved by introducing additional variables such as lagged endogenous and exogenous variables. This study shows how important it is to incorporate the varying variances and covariance matrices into financial models and it also shows that currently established financial models may need to be modified in order to capture the behavior for foreign exchange future markets.
APA, Harvard, Vancouver, ISO, and other styles
10

Yan, Chi-kwan, and 顔志軍. "The hedging role of options and futures with mismatched currencies." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2000. http://hub.hku.hk/bib/B31954728.

Full text
APA, Harvard, Vancouver, ISO, and other styles
11

Yan, Chi-kwan. "The hedging role of options and futures with mismatched currencies." Hong Kong : University of Hong Kong, 2000. http://sunzi.lib.hku.hk/hkuto/record.jsp?B23425076.

Full text
APA, Harvard, Vancouver, ISO, and other styles
12

Gantt, Ryan Preston. "Central bank holdings of foreign exchange reserves why have they grown so fast? /." Thesis, Montana State University, 2010. http://etd.lib.montana.edu/etd/2010/gantt/GanttR0510.pdf.

Full text
Abstract:
The first decade of the twenty-first century witnessed an historically unprecedented rise in the quantity of assets held as foreign exchange reserves by central banks. The locus of this rise has been in east Asia. By analyzing the change in reserve accumulation behavior which followed the financial crises that swept the globe in the late 1990s, this paper puts forth an explanation of the rise in East Asian reserve holdings based on increased sensitivity to perceived crisis risk by the Asian "Tigers" (including Japan and China). Our findings indicate that not only are reserve holdings worldwide higher since the end of the 1990s in real terms, but that the increase in East Asian reserve holdings has outpaced the rest of the world by a factor of 6. Empirical results corroborate the hypothesis that the relevant channel of influence for this change is through the interaction of exchange rate policy-specifically, a "fixed" exchange rate regime-and the extent to which a country engages in international trade.
APA, Harvard, Vancouver, ISO, and other styles
13

Blenman, Lloyd P. "Implicit forward and futures relations in the T-Bill market." The Ohio State University, 1986. http://rave.ohiolink.edu/etdc/view?acc_num=osu1271849561.

Full text
APA, Harvard, Vancouver, ISO, and other styles
14

Wong, Alan 1954. "Futures-Forward Price Differences and Efficiency in the Treasury Bill Futures Market." Thesis, North Texas State University, 1986. https://digital.library.unt.edu/ark:/67531/metadc330688/.

Full text
Abstract:
This study addressed two issues. First, it examined the ability of two models, developed by Cox, Ingersoll and Ross (CIR), to explain the differences between futures and implicit forward prices in the thirteen-week T-bill market. The models imply that if future interest rates are stochastic, futures and forward prices differ; the structural difference is due to the daily settlement process required in futures trading. Second, the study determined the efficiency of the thirteen-week T-bill futures market using volatility and regression tests. Volatility tests use variance bounds to examine whether futures prices are excessively volatile for the market to be efficient. Regression tests investigate whether futures prices are unbiased predictors of future spot prices. The study was limited to analysis of the first three futures contracts, using weekly price data as reported in the Wall Street Journal from March, 1976 to December, 1984. Testing of the first CIR model involved determination of whether changes in futures-forward price differences are related to changes in local covariances between T-bill futures and bond prices. The same procedure applied in testing the second model with respect to changes in futures-forward price differences, local covariances between T-bill spot and bond prices, and local variances of bond prices. Volatility tests of market efficiency involved comparison of mean variances on both sides of two inequality equations. Regression tests involved determination of whether slope coefficients are significantly different from zero.
APA, Harvard, Vancouver, ISO, and other styles
15

Mun, Kyung-Chun. "Bank hedging in futures markets: an integrated approach to exchange and interest rate risk management." Diss., Virginia Tech, 1991. http://hdl.handle.net/10919/39770.

Full text
APA, Harvard, Vancouver, ISO, and other styles
16

Baker, Shannon Bruce. "Accounting for the financial instruments listed on the South African futures exchange in the context of the International Accounting Standards Committee conceptual framework." Master's thesis, University of Cape Town, 1997. http://hdl.handle.net/11427/9488.

Full text
Abstract:
Bibliography: leaves 129-134.
The objective of this study was to evaluate the views of both preparers and users of financial statements on a number of issues related to South African Futures Exchange (SAFEX) financial instruments. These issues related to the perceptions of the SAFEX market price as a measure of fair value for financial reporting purposes, as well as perceptions of the International Accounting Standards Committee (IASC) asset and liability definition. These were formulated into the hypotheses set out in chapter 1. The objectives of the study were achieved by a literature search related to financial instruments and SAFEX, as well as empirical data collection through the use of postal questionnaires and the evaluation thereof.
APA, Harvard, Vancouver, ISO, and other styles
17

Cheng, Sai-ho, and 鄭世河. "Rolling Forex." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1998. http://hub.hku.hk/bib/B31268663.

Full text
APA, Harvard, Vancouver, ISO, and other styles
18

Blenman, Lloyd P. "Implicit forward and future relations in the T-Bill market /." Connect to resource, 1986. http://rave.ohiolink.edu/etdc/view.cgi?acc%5Fnum=osu1271849561.

Full text
APA, Harvard, Vancouver, ISO, and other styles
19

Elsayed-Ahmed, Sameh M. (Sameh Metwally). "An Empirical Examination of the Effects of FASB Statement No. 52 on Security Returns and Reported Earnings of U.S.-Based Multinational Corporations." Thesis, North Texas State University, 1986. https://digital.library.unt.edu/ark:/67531/metadc331437/.

Full text
Abstract:
Prior to the issuance of Financial Accounting Standards Board Statement No. 8 (SFAS No. 8), there was a marked inconsistency in the area of accounting for foreign currency translation. Though designed to make the diverse accounting practices of multinational corporations (MNCs) more compatible, SFAS No. 8 was the subject of a great deal of criticism, eventually leading to the issuance of Financial Accounting Standards Board Statement No. 52 (SFAS No. 52). SFAS No. 52 differs from SFAS No. 8 on objectives and method of translation, and on accounting treatments of translation adjustments. This dissertation provides an empirical examination of the security market reaction to the accounting policy change embodied in SFAS No. 52, and its impact on the volatility of reported earnings of MNCs. The effects of the issuance and early adoption of SFAS No. 52 on security return distributions were determined by both cross-sectional comparisons of cumulative average residuals (CAR) between MNCs and domestic firms and between early and late adopters, and by time-series tests on CAR of MNCs. Two volume analyses were performed to test the effects of SFAS No. 52 on security volume. The first analysis was adjusted to remove the effects of the marketwide factors on volume, and the second analysis was unadjusted for the market influences. Four nonparametric tests were used in testing the effects of SFAS No. 52 vis-a-vis SFAS No. 8 on the volatility of reported earnings of MNCs. The findings of this study led to the following conclusions: (1) SFAS No. 52 had significantly affected security returns of MNCs, but had no significant effects on security volume of MNCs; (2) the early adoption of SFAS No. 52 had no effects on security returns and volume of early adopters as opposed to late adopters; and (3) SFAS No. 52 did not have any significant effects on the volatility of reported earnings of MNCs. However, the impact of exchange adjustments on MNCs* earnings under SFAS No. 52 was significantly affected by the size of foreign operations and industry classifications.
APA, Harvard, Vancouver, ISO, and other styles
20

Sauter, Dawn Adell. "Estimating swap credit risk : significance of the volatility input using Monte-Carlo simulation /." Thesis, This resource online, 1993. http://scholar.lib.vt.edu/theses/available/etd-12052009-020238/.

Full text
APA, Harvard, Vancouver, ISO, and other styles
21

Lee, Young-Sook. "The federal funds market and the overnight eurodollar market /." Diss., Connect to a 24 p. preview or request complete full text in PDF format. Access restricted to UC campuses, 2000. http://wwwlib.umi.com/cr/ucsd/fullcit?p9956461.

Full text
APA, Harvard, Vancouver, ISO, and other styles
22

Choi, Kyongwook. "Essays on the analysis of structural changes in macroeconomic time series /." Thesis, Connect to this title online; UW restricted, 2002. http://hdl.handle.net/1773/7456.

Full text
APA, Harvard, Vancouver, ISO, and other styles
23

Lin, Henghsiu. "Market valuation of the translation process under SFAS No. 52: Further evidence." Thesis, University of North Texas, 2000. https://digital.library.unt.edu/ark:/67531/metadc2519/.

Full text
Abstract:
This research investigates the information content of the translation information resulting from exchange rate fluctuations. Two hypotheses are examined. The dollar movement hypotheses investigate whether there is a positive relationship between security valuation and the translation information and whether the market assigns different weights to translation gains and losses in both the depreciating and appreciating exchange rate environments. The geographic concentration hypothesis tests whether the market's response to the translation information is geographically sensitive. Prior research on SFAS No. 8 and SFAS No. 52 has concentrated on the price and trading volume responses to the deliberations and issuance of these two accounting statements. Soo and Soo (1994) examine the long-term effect of the disclosure requirement under SFAS No. 52 on MNEs' security prices from 1981 to 1987. However, they fail to address two important issues pertinent to the MNE research--the effects of exchange rate changes and the geographic concentration. The dollar movement hypotheses provide strong evidence that under both the appreciating and depreciating exchange rate environments, a positive relationship exists between security returns and the translation information when MNEs disclose translation losses in stockholders' equity. The findings also provide evidence for a positive or at least non-negative relationship between security returns and the translation information when MNEs disclose translation gains. The findings provide evidence that the positive relationship is greater in appreciating than in depreciating exchange rate environment for losses, but no evidence of such a difference exists for gains. The evidence also indicates that the market reacts more to the translation information when translation losses are reported than when translation gains are reported in both exchange rate environments. The examination of the impact of the geographic concentration of MNEs' foreign operations provides limited evidence to support the geographic concentration hypothesis. One possible explanation for the weak findings is that the larger degree of the aggregation of some of the geographic disclosures prevents the market from impounding the geographic information.
APA, Harvard, Vancouver, ISO, and other styles
24

El-Refadi, Idris Abdulsalam. "Foreign Exchange Risk Management in U.S. Multinationals Under SFAS no. 52: Change in Management Decision Making in Response to Accounting Policy Change." Thesis, North Texas State University, 1986. https://digital.library.unt.edu/ark:/67531/metadc331685/.

Full text
Abstract:
SFAS No. 52, Foreign Currency Translation, was issued in December, 1981, replacing SFAS No. 8, Accounting For the Translation of Foreign Currency Transactions and Foreign Currency Financial Statements. SFAS No. 52 has shifted the impact of translation gains and losses from the income statement to the balance sheet. It was expected that SFAS No. 52 would eliminate the incentive for multinationals to engage in various hedging activities to reduce the effect of the translation process in reported earnings. It was also expected that multinationals would change their foreign exchange risk management practices. The major purpose of this study was to investigate the effect of SFAS No. 52 on foreign exchange risk management practices of U.S. based multinationals.
APA, Harvard, Vancouver, ISO, and other styles
25

Lee, Chi-ming Simon, and 李志明. "A study of Hong Kong foreign exchange warrants pricing using black-scholes formula." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1992. http://hub.hku.hk/bib/B3126542X.

Full text
APA, Harvard, Vancouver, ISO, and other styles
26

An, Jae-Wook. "Bond portfolio immunization with imperfect correlation of forward rates across maturities : risk minimization." The Ohio State University, 1987. http://rave.ohiolink.edu/etdc/view?acc_num=osu1277399874.

Full text
APA, Harvard, Vancouver, ISO, and other styles
27

Gray, Philip. "Cross-Hedging Foreign Exchange Risk with Currency Futures: A New Model for Estimating Hedge Ratios in the Presence of Autocorrelation and Heteroscedasticity." Thesis, Queensland University of Technology, 1993.

Find full text
Abstract:
An examination of the hedging literature reveals widespread employment of the Ordinary Least Squares (OLS) regression technique to estimate optimal hedge ratios between cash and futures positions. However, this technique will only provide optimal estimates if the assumptions underlying OLS are satisfied. The objective of this study is to investigate whether simple OLS estimates of hedge ratios are appropriate in crosshedging strategies involving foreign currency markets, where it is unlikely that the restrictive assumptions of OLS will be met. Several II sophisticated II models for hedge ratio estimation are proposed which explicitly model the time-series characteristics inherent in currency markets, and the hedging effectiveness of both simple and sophisticated models is compared to evaluate their relative merits. The results support the contention that simple estimates of hedge ratios are adversely affected by the violation of OLS assumptions in practice. This fact leads to inferior hedging performance by simple estimates relative to more sophisticated hedge ratios. Hedging strategies employing time-varying GARCH hedge ratios were found to consistently provide the lowest risk hedges for a variety of European and Asian currencies. In many cases, the risk reduction achieved by the GARCH model over simple models was economically significant, justifying the use of the more complex technique. These results were robust across different currencies and various parameter estimation periods. The empirical findings also support the viability of cross-hedging foreign currency risk using currency futures, and provide some preliminary indication of which hedging vehicles are most suitable for an exposure in a given currency.
APA, Harvard, Vancouver, ISO, and other styles
28

Cam, Korhan. "Minimization of currency risk exposures by developing foreign currency trading strategies for a multinational United States company." CSUSB ScholarWorks, 2004. https://scholarworks.lib.csusb.edu/etd-project/2601.

Full text
Abstract:
This paper presents a case study of developing foreign currency trading strategies for trading operations for a multi-million dollar company that sells analytical products and services to European countries. The analysis provides a general framework for managing currency risk exposures for U.S. Multinational companies.
APA, Harvard, Vancouver, ISO, and other styles
29

Brown, Betty Coffee. "An empirical investigation into differences between companies that elected an early compliance with SFAS 52 and companies not electing an early compliance." Diss., Virginia Polytechnic Institute and State University, 1985. http://hdl.handle.net/10919/54449.

Full text
Abstract:
The latest foreign currency translation standard, Statement of Financial Accounting Standard No. 52 (SFAS 52), promulgated in December of 1981, was issued in response to harsh criticisms of its predecessor, Statement of Financial Accounting Standard No. 8 (SFAS 8). Large foreign currency translation gains and losses, resulting from the use of the temporal translation method, were required to be reported in net income under the al1—inclusive income concept mandated by SFAS 8. In contrast, SFAS 52 adopted the functional currency approach whereby companies whose functional currency is the local currency are required to use the current rate method, generally resulting in only minor translation gains and losses that are required to be reported in a separate component of stockholders' equity. This study compares seven specific financial attributes between 83 Fortune 500 companies electing a December 31, 1981, compliance and 103 Fortune 500 companies not opting for a 1981 adoption. Univariate t—tests on each attribute indicate the strongest difference between the two groups is in the foreign currency translation gains and losses for 1981. The multivariate Hotelling T2 test simultaneously compared differences in the seven attributes for the two groups. Test results indicate the two groups of companies are different. Since the "yo-yo" effect on earnings was an often cited reason for opposing SFAS 8, differences in the volatility in reported earnings between the two groups for the five-year period covered by SFAS 8 (1976-1980) were examined using three different measures. The overall conclusion was that companies adopting the standard early did not have more volatility in earnings than the other group during the period that SFAS 8 was in effect. Security price reactions to the early adoption were also investigated. Surprisingly, a strong market reaction was indicated. Significant differences between the cumulative average residuals (CARs) for the two groups began two weeks prior to year-end and continued for five months. The CARs for the group that adopted SFAS 52 early generally performed better than expected whereas the residuals for the companies that continued to report under the temporal method were worse than expected.
Ph. D.
APA, Harvard, Vancouver, ISO, and other styles
30

He, Yi. "A test on determinants of China's demand for international reserves." Ohio : Ohio University, 2009. http://www.ohiolink.edu/etd/view.cgi?ohiou1258406241.

Full text
APA, Harvard, Vancouver, ISO, and other styles
31

Procházková, Petra. "Zajišťovací operace." Master's thesis, Vysoká škola ekonomická v Praze, 2008. http://www.nusl.cz/ntk/nusl-4866.

Full text
Abstract:
This thesis describes hedging transactions against foreign exchange rate risk which is a significant problem for a number of domestic companies trading with foreign partners. The objective of this paper is to characterize possible ways to eliminate or minimize a foreign exchange rate risk and to assess effects on economic results and liquidity of the company arising from the use of hedging instruments compared to the situation without hedging transactions. The practical analysis is shown on two Czech companies exposed to a foreign exchange rate risk. The analysis is focused on currency forwards negotiated with the bank and natural hedging in connection with an application of a hedge accounting.
APA, Harvard, Vancouver, ISO, and other styles
32

Attachot, Weerapat. "Determinants of Corporate Governance Choices: Evidence from Listed Foreign Firms on U.S. Stock Exchanges." Thesis, University of North Texas, 2017. https://digital.library.unt.edu/ark:/67531/metadc984209/.

Full text
Abstract:
This study analyzes corporate governance practices of foreign (non-U.S.) issuers listed on the New York Stock Exchange (NYSE) and Nasdaq. Specifically, I examine the extent to which these foreign issuers voluntarily comply with U.S. stock exchange corporate governance requirements applicable to domestic issuers. My sample consists of 201 foreign companies primarily domiciled in Brazil, China, Israel, and the United Kingdom. I find that 151 (75 per cent) of the sample firms do not elect to comply with any of the U.S. corporate governance requirements. Logistic regression analysis generally supports the hypotheses that conformance with U.S. GAAP and percentage of managerial ownership are positively associated, and that percentage ownership by major shareholders is negatively associated with foreign firms electing to comply with U.S. corporate governance rules. This evidence is relevant for regulators and investors.
APA, Harvard, Vancouver, ISO, and other styles
33

Payan, Pedro Carlos. "Uma contribuição à contabilização de Swap cambial como instrumento de Hedge para empresas não financeiras: Hedge Accounting." Pontifícia Universidade Católica de São Paulo, 2009. https://tede2.pucsp.br/handle/handle/1729.

Full text
Abstract:
Made available in DSpace on 2016-04-25T18:40:38Z (GMT). No. of bitstreams: 1 Pedro Carlos Payan.pdf: 5505672 bytes, checksum: f581d36a76f7ed1bfa5464e4ec091617 (MD5) Previous issue date: 2009-05-11
Coordenação de Aperfeiçoamento de Pessoal de Nível Superior
Companies can use derivative instruments for covering risks. With the use of these instruments the problems appear in the measurement, accounting, and the disclosures. This project s objective based on a case study is to analyze the Derivative Instrument (Foreign Exchange Swap) as the countable theory and international norms of the FASB, IASB and Brazilian Norms. The Brazilian Norms are published by the CPC and together these norms are the make up of the CVM. This case study demonstrated the process of the operation, the criteria for the measurement, as well as the accounting aspect. The reasons behind this project are first, the significant volume in the transactions of Swap at the end of 2008, which reached R$ 12,6 billion. Second the risk involving these operations, the difficulty encountered by accounting for the recognition, measurement and disclosure. The collected data applied from the systems of calculations and evaluations of the instruments are then compared to the collected data reported by the company. There are no significant differences in these calculations except having discrepancy in the use of accounts, which results in the registration in Swap Accounting. Three situations dealing with assets were compared by the Derivatives Instrument: a) traditionally for the curve of the paper: the financial accounts and results of the period are affected; b) recording the marking to market without hedge accounting: it showed different balances in the item accounts; c) recording the marking to market with hedge accounting: there were alterations in the result of the period, in the financial accounts and in the total shareholder s equity
As empresas podem utilizar instrumentos derivativos para cobertura de riscos. Na utilização destes instrumentos surgem os problemas para a mensuração, contabilização e divulgação. Este trabalho tem por objetivo, através de um estudo de caso, analisar o instrumento derivativo swap cambial à luz da teoria contábil e normas internacionais do FASB, IASB e normas brasileiras publicadas pelo CPC, juntamente com os pareceres normativos da CVM. O estudo de caso demonstrou os procedimentos desta operação, os critérios para mensuração bem como sua contabilização. O tema deste trabalho tem sua justificativa, primeiramente pelo volume expressivo das operações de swap, que ao final de 2008, atingiu R$ 12.6 bilhões e também pelo risco envolvendo estas operações e a dificuldade encontrada pela Contabilidade para o reconhecimento, mensuração e evidenciação. Foram pesquisados sistemas de cálculos e de avaliação deste instrumento e aplicados aos dados coletados comparando-se com os registrados pela empresa. Não houve diferenças significativas nos cálculos, havendo apenas divergência na utilização de contas de resultado para o registro da contabilização do swap. Compararam-se três situações patrimoniais na contabilização do instrumento: a) contabilizados tradicionalmente pela curva do papel: afetaram as contas de financiamentos e resultados do período; b) contabilizados com marcação a mercado sem hedge contábil: apresentaram saldos diferentes nas contas do item a; c) contabilizados com marcação a mercado e com hedge contábil: houve alterações do resultado do período, nas contas de financiamentos e no total do grupo do Patrimônio Líquido
APA, Harvard, Vancouver, ISO, and other styles
34

Vellem, Nomtha. "The impact of oil price changes on selected economic indicators in South Africa." Thesis, University of Fort Hare, 2014. http://hdl.handle.net/10353/d1017862.

Full text
Abstract:
The study examines the effect of oil price changes on selected economic indicators in South Africa. A VAR-5 model was applied to quarterly data of 1990:Q1-2012:Q4 estimating the impulse response functions, variance decomposition and Granger-causality tests. The findings allow for a conclusion that oil significantly affects the exchange rate and an inverse link between oil and GDP exists. A unidirectional relation is found where oil Granger-causes the exchange rate and GDP Granger-causes oil in South Africa.
APA, Harvard, Vancouver, ISO, and other styles
35

Gregová, Silvia. "Špecifiká riadenia menových operácií nadnárodných firiem." Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-199943.

Full text
Abstract:
International companies perform business transactions in different countries all over the world and must be able to manage their financial assets in various currencies. Significant foreign exchange alteration can markedly harm market value of any company. The companies use so called 'hedging' to avoid such situations. The aim of this master thesis is to analyze specifics of currency operations based on a case study in the international company and its transaction exposure. The thesis discovers that the selected company uses only two types of 'hedging'.
APA, Harvard, Vancouver, ISO, and other styles
36

Erlebach, Milan. "Použití měn a měnových kurzů při vykazování dle IFRS vs. českých účetních předpisů." Master's thesis, Vysoká škola ekonomická v Praze, 2011. http://www.nusl.cz/ntk/nusl-142147.

Full text
Abstract:
The aim of this thesis is to describe problematics of accounting and reporting of foreign currency, application of exchange rates and rise and settlement of exchange differences in reporting under International Financial Reporting Standards and Czech accounting regulations. The thesis is also focused on comparison of the dissimilarities between those systems, especially in the field of selection and proper use of foreign currencies, exchange rates and on dissimilarities in the rise and settlement of exchange differences in the various stages of the accounting period and various situations. Thesis clearly informs about problematics of currency and exchange rates and shows on practical examples application of such rules.
APA, Harvard, Vancouver, ISO, and other styles
37

Senzangakhona, Phakama. "The impact of oil price volatility on unemployment: a case study of South Africa." Thesis, University of Fort Hare, 2014. http://hdl.handle.net/10353/1697.

Full text
Abstract:
This study analyses and investigates the impact of crude oil price vitality on unemployment in South Africa. This is done by firstly surveying theoretical and empirical literature on the crude oil price-unemployment relationship before relating it to South Africa. Secondly, crude oil and unemployment trends with their causes are overviewed. The study employs a Johansen co-integration technique based on VAR to model unemployment against crude oil prices, real effective exchange rate, real interest rates and real gross domestic product. Using quarterly data for the period 1990-2010, econometric results show that crude oil prices are positively related to unemployment in the long run while the opposite is true in the short run. Parameter estimates and variables are statistically significant; hence there are also policy recommendations which are related to both empirical and theoretical literature. Lastly, impulse response functions show that unemployment returns to equilibrium in the long run when crude oil price changes whereas real interest rates followed by crude oil prices explain most of unemployment changes compared to other variables in the long run.
APA, Harvard, Vancouver, ISO, and other styles
38

Knytl, Jan. "Využití money managementu v obchodování na devizovém trhu a zachycení těchto obchodů v účetnictví bank." Master's thesis, Vysoká škola ekonomická v Praze, 2011. http://www.nusl.cz/ntk/nusl-81901.

Full text
Abstract:
My diploma thesis discusses the power and importance of money management when trading foreign exchange market. With the help of real examples it aims to demonstrate the difficulty of the future foreign exchange rate estimation and the ambiguousness of the market analyses results. Comparing the results of real trading in the spirit of diversification to the actual results of Vince's model, the thesis points out whether the application of diversification is a real necessity or not. The thesis also highlights the impact of diversification on the trading system performance compared to Vince's model. The final part proposes a possible practical accounting solution to the foreign exchange speculative trades.
APA, Harvard, Vancouver, ISO, and other styles
39

Вишенько, Л. С. "Облік і контроль експортних операцій: нормативне забезпечення та діюча практика (на прикладі ТОВ «ЮНІВЕРС ТРЕЙДІНГ»)." Thesis, Одеський національний економічний університет, 2021. http://local.lib/diploma/Vyshenko.pdf.

Full text
Abstract:
Доступ до роботи тільки на території бібліотеки ОНЕУ, для переходу натисніть на посилання нижче
Кваліфікаційна робота складається з трьох розділів. Об’єкт дослідження – процес інформаційного забезпечення обліку, контролю та аналізу експортних операцій. У роботі розглядаються теоретичні та практичні питання обліку, контролю та аналізу експортних операцій. Проаналізовано нормативне забезпечення з питань обліку та контролю експортних операцій, економічну літературу, діючу практику ТОВ «ЮНІВЕРС ТРЕЙДІНГ». Запропоновано: розробити наказ «Про облікову політику підприємства», включити до нього пункт стосовно особливостей ведення експортних операцій; переглянути змістовне наповнення зовнішньоекономічних договорів, застосовувати під час ведення обліку субрахунок 2813 «Товари в дорозі». Для перевірки експортних товарних операцій використовувати рекомендовані форми робочих документів
Thesis for Master degree in specialty 071 «Accounting and Taxation» under the master`s program «Accounting, auditing and taxation of business». – Odessa National Economics University. Odessa, 2021. Thesis consists of three chapters. Object of study is research is the process of information support of accounting, control and analysis of export transactions. Thesis deals with the theoretical aspects of normative support on accounting and control of export operations, economic literature, current practice of UNIVERS TRADING LLC. Author analysis regulatory support for accounting and control of export transactions, economic literature, current practice of UNIVERSE TRADING LLC. It is proposed: to develop an order "On the accounting policy of the enterprise", to include in it a paragraph on the peculiarities of export operations; to review the content of foreign trade agreements, to use sub-account 2813 "Goods in transit" when keeping records. Use the recommended forms of working documents to verify export commodity transactions.
APA, Harvard, Vancouver, ISO, and other styles
40

"Currency options in Asia Pacific." Chinese University of Hong Kong, 1989. http://library.cuhk.edu.hk/record=b5885997.

Full text
APA, Harvard, Vancouver, ISO, and other styles
41

Shang-Yu, Huang, and 黃商育. "Cross-Hedge: A Foreign-Exchange Futures Management." Thesis, 1998. http://ndltd.ncl.edu.tw/handle/09619553385293907141.

Full text
Abstract:
碩士
國立中興大學
企業管理研究所
86
The research puts basis risk into model , and it has influence on hedge ratios which becomes the dynamic hedge strategy. The research uses the TFARMA to estimate hedge ratios and hedge effectiveness .We come to several conclusions by experimental result : 1. It is a experimental result in the foreign-exchange futures cross-hedge that effectiveness is proportional to hedge period length and " longer" hedge manage to reduce the price risk of an underlying spot position better than the same hedge used for a shorter time period. 2.In a cross-hedge, the relative size of the basis of alternative hedging vehicles often plays a decisive role in the selection of the optimal hedging vehicle. 3.The 8-week DM futures hedge reduces foreign-exchange exposure by 95% which is most hedge effectiveness. 4.Through to experimental result, We find to finance storm for hedge ratios exactly brings to structure change ,but belong to short period effect.
APA, Harvard, Vancouver, ISO, and other styles
42

Chen, Kuang-Hua, and 陳光華. "Foreign Exchange Volatility and Dynamic Futures Hedging." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/81467039317390685219.

Full text
Abstract:
碩士
國立高雄第一科技大學
金融營運所
93
ABSTRACT Under the trend of the financial market globalization, the running of funds is more and more frequent between countries. Facing the foreign exchange risk, the enterprise takes place a difficulty in predicting profits and cost. Therefore, how to manage foreign exchange risk becomes more and more important. Under the framework of minimum-variance hedging theory, this study adopts OLS model, ECM model, ICSS model and DCC model to discuss hedge ratios and hedging performance in Japans Yen and British Pound. The study shows that the performance of hedge ratios by DCC model is better than others. It can more precise to depict the dynamic trend between the spots and futures and can acquire dynamic hedge ratios comparing with other models. On the other hand, no matter adopt what kind of model to hedge, all can reduce the level of portfolio variant and use futures to construct a portfolio can significantly reduce hold the risk of spot. It shows the foreign exchange future is a nice hedging tool.
APA, Harvard, Vancouver, ISO, and other styles
43

Chu, Chu-wei, and 朱鉅偉. "Momentum Strategies in Foreign Exchange Futures Market." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/44021970102333098870.

Full text
APA, Harvard, Vancouver, ISO, and other styles
44

CIOU, SIAN-SHU, and 邱嫻淑. "A Research about the VaR of Foreign Currency Futures in Taiwan Futures Exchange." Thesis, 2018. http://ndltd.ncl.edu.tw/handle/dwdq25.

Full text
Abstract:
碩士
國立高雄第一科技大學
金融系碩士班
106
This study tries to find a better method for estimating the VaR of the foreign currency futures listed in Taiwan Futures Exchange, including RHF, RTF, XEF, and XJF. I use three models to estimate the VaR of the futures, including delta-normal model, which considers the first two moments of the distribution, Cornish-Fisher expansion model, which considers the skewness and the kurtosis of the distribution, and historical simulation method. I use backtests to decide which estimation model is more reliable. I find the Cornish-Fisher expansion model performs better than the other two models for all the four foreign currency futures. And relative to the moving average model, the exponentially weighted moving average model suggests estimation values for the parameters of the models to determine better estimation for the VaR. Finally, setting decay factor equal to 0.94 can get a pretty good estimation for the VaR although there is no consistent result for different foreign currency futures.
APA, Harvard, Vancouver, ISO, and other styles
45

"A study on the forecasting bases of the currency investors and foreign exchange dealers in Hong Kong." Chinese University of Hong Kong, 1991. http://library.cuhk.edu.hk/record=b5886832.

Full text
Abstract:
by Fok Shun-cheong, Vincent.
Thesis (M.B.A.)--Chinese University of Hong Kong, 1991.
Bibliography: leaves [37-38]
ACKNOWLEDGEMENTS
Chapter I. --- INTRODUCTION --- p.1
The Hong Kong Exchange Market --- p.1
Structure of the market --- p.2
Forecasting Exchange Rates --- p.4
Objectives --- p.5
Chapter II. --- METHODOLOGY --- p.6
Selecting the Bases for Forecasting --- p.6
Sampling --- p.9
Chapter III. --- THEORETICAL FRAMEWORK --- p.10
Chapter 1. --- Investment Objectives --- p.10
Chapter 2. --- Time Frame --- p.11
Chapter 3. --- Funds Available --- p.12
Chapter 4. --- Time Available --- p.12
Chapter 5. --- Information Available --- p.13
Chapter 6. --- Transaction Nature and Cost --- p.14
Chapter 7. --- Knowledge and Background --- p.14
Chapter 8. --- Position Taking --- p.14
Chapter 9. --- Past Experience --- p.16
Chapter 10. --- External Influences --- p.16
Chapter IV. --- SURVEY FINDINGS --- p.18
Individual Investors
Chapter A. --- The Level of Exchange Rate and Interest Rate --- p.18
Chapter B. --- Seldom use of Charts and Technical Indicators --- p.19
Chapter C. --- No Relationship between Demographic Variables and Forecasting Bases --- p.19
Chapter D. --- No Relationship between the Experience of the respondents and the Forecasting Bases --- p.20
Dealers
Chapter A. --- Charts often considered --- p.22
Chapter B. --- Technical Indicators also important --- p.22
Chapter C. --- Emphasis on the Fundamental rather than Technical Analysis --- p.23
Chapter D. --- Market Sentiments --- p.24
Chapter E. --- Econometric Models Seldom Used --- p.25
Chapter F. --- Differences among the six major currencies --- p.27
Chapter V. --- LIMITATIONS OF THE SURVEY --- p.29
Chapter VII. --- SUMMARY AND CONCLUSIONS --- p.30
APPENDICES
BIBLIOGRAPHY
APA, Harvard, Vancouver, ISO, and other styles
46

ZHOU, WEI-LI, and 周維禮. "A research of hedging foreign exchange risk with currency futures." Thesis, 1991. http://ndltd.ncl.edu.tw/handle/58833535603807601037.

Full text
APA, Harvard, Vancouver, ISO, and other styles
47

Chou, Tzu-Yin, and 周姿吟. "Dynamic Hedging of Asian Foreign Exchange Markets with Currency Futures." Thesis, 2003. http://ndltd.ncl.edu.tw/handle/19190822246482962650.

Full text
Abstract:
碩士
逢甲大學
財務金融學所
91
Abstract The purpose of the thesis is to measure the hedging effectiveness of Japanese yen futures against the spot exchange rate risk of Japanese yen, Taiwanese dollar, Singapore dollar, South Korean won, Indonesian rupiah, Thai baht and Philippine peso by using the Naïve hedge, OLS model, error-correction OLS model, bivariate GJR GARCH model and bivariate GJR error-correction GARCH model. The optimal hedge ratios and hedging effectiveness are estimated by maximizing the expected utility and minimizing the variance of portfolio returns. The major results are summarized as follows. The changes in Asian spot exchange rates and Japanese yen futures prices do not follow the normal distribution. The heteroscedasticity, autocorrelation, and volatility asymmetry are found in the currency spot and futures returns time series. The currency spot and futures prices are nonstationary, and there exists a long-term equilibrium relationship between most of them. The within-sample hedge ratios are all positive, and the hedge ratios of bivariate GJR error-correction GARCH model and GJR GARCH model are higher than those of error-correction OLS model and OLS model. For both within-sample and out-of-sample test results, the direct hedge ratios of Japanese yen futures are higher than the cross hedge ratios of yen futures against other Asian spot exchange rates. For within-sample tests, the hedging effectiveness of bivariate GJR error-correction GARCH model and GJR GARCH model is higher than that of other models for most of the Asian currencies. While the same conclusion is found in the out-of-sample test results under the objective of minimizing portfolio risk, the hedging effectiveness of bivariate GJR error-correction GARCH model and error-correction OLS model is higher than that of other models under the objective of maximizing expected utility. For both within-sample and out-of-sample test results, the hedging effectiveness of yen futures is the highest in hedging the spot exchange rate risk of Japanese yen, Singapore dollar being the next, and Indonesian rupiah being the last, which may be explained by the correlation coefficients between them. The hedging effectiveness increases as the degree of risk aversion decreases. Overall, dynamic hedging models are better than static hedging models for both within-sample and out-of-sample tests. The conclusion is the same after including the transaction costs.
APA, Harvard, Vancouver, ISO, and other styles
48

Conover, James Allen. "Hedging foreign exchange risk with portfolio insurance strategies." 1989. http://catalog.hathitrust.org/api/volumes/oclc/28048128.html.

Full text
APA, Harvard, Vancouver, ISO, and other styles
49

CHANG, CHIEN CHUNG-HSUN, and 張簡仲勛. "The Influence of Foreign Investor Sentiment on Taiwan's Futures, Cash and Foreign Exchange Markets." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/nk7e8t.

Full text
APA, Harvard, Vancouver, ISO, and other styles
50

"A Review of foreign exchange instruments in Hong Kong and the development of currency warrant." Chinese University of Hong Kong, 1992. http://library.cuhk.edu.hk/record=b5887154.

Full text
Abstract:
by Law Kwok Fu, Frank.
Thesis (M.B.A.)--Chinese University of Hong Kong, 1992.
Includes bibliographical references (leaf 34).
ACKNOWLEDGEMENT --- p.2
Chapter 1 . --- INTRODUCTION --- p.3
Chapter 2. --- SPOT CONTRACT --- p.7
Chapter 3. --- FORWARD CONTRACT --- p.8
Chapter 4. --- CURRENCY FUTURES --- p.10
Chapter 5. --- CURRENCY OPTIONS --- p.14
Chapter 6. --- CURRENCY WARRANTS --- p.17
Chapter 7. --- CONCLUSION. --- p.32
BIBLIOGRAPHY
APPENDIX
Chapter 1. --- Some of currency futures and options listed in overseas exchanges --- p.35
Chapter 2. --- Details of currency warrants available in the market --- p.37
Chapter 3 . --- Raw data --- p.38
Chapter 4. --- Graphs of the DM spot rate and the daily price movements of 3 warrants --- p.41
Chapter 5-7. --- The relative daily change in DM spot rate in % against the daily change in price of the 3 DM warrants --- p.45
APA, Harvard, Vancouver, ISO, and other styles
You might also be interested in the bibliographies on the topic 'Foreign exchange futures Accounting' for other source types:
Journal articles Books
We offer discounts on all premium plans for authors whose works are included in thematic literature selections. Contact us to get a unique promo code!

To the bibliography