Chapter 5 Managing Currency & Finances Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved.

Slides:



Advertisements
Similar presentations
UW-Whitewater Procurement Card Travel Program. Travel Procurement Card Program The Travel Procurement Card is a payment tool available to individual employees.
Advertisements

International Arbitrage and Interest Rate Parity
International Financial Markets 3 3 Chapter South-Western/Thomson Learning © 2006.
The Banking Firm and Bank Management
CHAPTER 19 INVESTMENT BANKING.
1 Chapter 27 Furniture, Fixtures, and Equipment FFE.
Advanced Engineering Mathematics by Erwin Kreyszig Copyright  2007 John Wiley & Sons, Inc. All rights reserved. Page 602.
Chapter Outline Foreign Exchange Markets and Exchange Rates
CHAPTER 8 BOND MARKETS. Copyright© 2003 John Wiley and Sons, Inc. Capital Markets Economic purpose -- brings together long- term (over 1 year) borrowers.
Chapter McGraw-Hill/Irwin Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved. 1 Introduction to Corporate Finance.
Chapter 15 International Business Finance Key sections –Factors affecting exchange rates –Nature of exchange risk and types –How control exchange risk?
An Overview of Financial Markets and Institutions
Foreign Exchange Chapter 11 Copyright © 2009 South-Western, a division of Cengage Learning. All rights reserved.
Chapter McGraw-Hill/Irwin Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved. 22 International Corporate Finance.
Learning Objectives Discuss the internationalization of business.
© 2011 John Wiley and Sons, Inc. All Rights Reserved Selection and Procurement for the Hospitality Industry Purchasing ANDREW HALE FEINSTEIN AND JOHN M.
Chapter 2 Organizational Strategy Competitive Advantage And Information Systems Copyright © 2014 John Wiley & Sons, Inc. All rights reserved. Introduction.
Advanced Engineering Mathematics by Erwin Kreyszig Copyright  2007 John Wiley & Sons, Inc. All rights reserved. Page 334.
© Prentice Hall, 2005Excellence in Business, Revised Edition Chapter Financial Management and Banking.
INTERNATIONAL BUSINESS Chapter 7 Currency and Risk Management.
The Multinational Corporation and Globalization
Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.
© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Chapter 12 Pensions, Share Options, Leases, Taxation and Foreign Currency.
Chapter 1 The Financial Environment © 2003 John Wiley and Sons.
Copyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 0 Chapter 18 International Aspects of Financial Management.
CHAPTER 12 INTERNATIONAL MARKETS. Copyright© 2003 John Wiley and Sons, Inc. Foreign Exchange Rates Foreign trade and funds flow must involve a conversion.
Copyright© 2006 John Wiley & Sons, Inc.1 Power Point Slides for: Financial Institutions, Markets, and Money, 9 th Edition Authors: Kidwell, Blackwell,
Chapter 6 International Trade and Finance © 2000 John Wiley & Sons, Inc.
International Business 9e By Charles W.L. Hill McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.
CHAPTER 3 Monetary Policy. Copyright© 2003 John Wiley and Sons, Inc. Expansionary Monetary Policy Increases the money supply or money growth rate and.
McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin International Aspects of Financial Management Chapter 18.
Copyright © 2007 Pearson Addison-Wesley. All rights reserved. Chapter 6 The Foreign Exchange Market.
Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved.
1-0 Corporate Finance 1.1 Some important questions that are answered using finance What long-term investments should the firm take on? Where will we get.
McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter One Introduction to International Accounting Copyright.
McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 1 Introduction to International Accounting.
Exchange rates International transaction in cash requires two distinct purchases Purchase of foreign currency Purchase of good/service with the FC Term.
McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 16: Money, Prices, and the Financial System 1.Describe.
19-1 McGraw-Hill/Irwin Understanding Business, 7/e © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved. NickelsMcHughMcHugh Nickels Cover.
1 Chapter 2 The Domestic and International Finance Marketplace © 2001 South-Western College Publishing.
Copyright© 2003 John Wiley and Sons, Inc. Power Point Slides for: Financial Institutions, Markets, and Money, 8 th Edition Authors: Kidwell, Blackwell,
International Business 9e By Charles W.L. Hill McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.
1-1 Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved.
CHAPTER 10 DATA COLLECTION METHODS. FROM CHAPTER 10 Copyright © 2003 John Wiley & Sons, Inc. Sekaran/RESEARCH 4E.
Chapter 21 International Financial Management. McGraw-Hill/Irwin © 2005 The McGraw-Hill Companies, Inc., All Rights Reserved. PPT 21-1 FIGURE euro.
Managing Currency & Finances Presentation by: Mr. Evangelos Vantzos BSc, MSc, PhD Researcher.
©2009 McGraw-Hill Ryerson Limited 1 of International Financial Management Prepared by: Michel Paquet SAIT Polytechnic ©2009 McGraw-Hill Ryerson Limited.
Chapter 1 Principles PrinciplesofCorporateFinance Ninth Edition Finance and The Financial Manager Slides by Matthew Will Copyright © 2008 by The McGraw-Hill.
Copyright © 2011 by John Wiley & Sons, Inc. All Rights Reserved Agenda Review chapter four Chapter quiz Discussion of quiz Opening activity Chapter five.
Chapter 9 International Contracts & Legalities Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved.
Copyright © 2011 Pearson Education, Inc. publishing as Prentice Hall 9-1 International Business Environments and Operations, 13/e Part 4 World Financial.
Foreign Exchange What is the foreign exchange rate? What is the foreign exchange market? What is the foreign exchange organization? Who are the participants?
Financial Exchanges Copyright © Texas Education Agency, All rights reserved.
Copyright ©2003 South-Western/Thomson Learning Chapter 2 The Domestic and International Financial Marketplace.
International Business, 8th Edition
Chapter 1: Introduction to International Accounting
International Business 9e
Different Forms of Financial Exchange
Fundamentals of Corporate Finance
MANAGERIAL ISSUES IN INTERNATIONAL ACCOUNTING
The Domestic and International Financial Marketplace
MANAGERIAL ISSUES IN INTERNATIONAL ACCOUNTING
McGraw-Hill/Irwin Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 1 Introduction to International Accounting.
Different Forms of Financial Exchange
International Accounting and Multinational Enterprises 5/e
Copyright © 2014 John Wiley & Sons, Inc. All rights reserved. Chapter 20 Managing the Multinational Financial System Tenth Edition Alan C. Shapiro Multinational.
Copyright © 2014 John Wiley & Sons, Inc. All rights reserved. Chapter 19 Current Asset Management and Short-Term Financing Tenth Edition Alan C. Shapiro.
Presentation transcript:

Chapter 5 Managing Currency & Finances Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved

Budget Considerations  Higher air travel, shipping & communication costs  More & longer site visits  Customs/duty/taxes  Interpretation/translation costs  Changes in local politics & economy  Contingency/emergency funds  Currency issues Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved

Getting Advice  International banks & currency brokers  International accounting firms & stock brokers  Planners with multinational corporations  International currency & foreign exchange specialists Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved

Currency Strategies  Know what questions to ask  Capital preservation –Options contract –Forward contract –Layering –Spot price Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved

Planning Guidelines  Contract & registration currency  Paying for day-to-day expenses –Cash in local currency –Letter of credit, bank draft or travelers checks –High limit credit cards –Local checking account –Cash from hotel master account –Local fiduciary Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved

Tax Issues  US & Canadian tax codes  VAT, GST or IVA –What is level of tax? (5-25%) –Should be included on all bids –Are any items exempt? –Reclamation requirements for organization and individuals Copyright © 2007 by John Wiley & Sons, Inc. All rights reserved

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.