Foreign Exchange Results Log Template
The CFO should document the results of foreign exchange management, including analysis of alternative exchange policies, in the Foreign Exchange Results Log Template. Results including methods, outcomes, fees, ratings, etc., should be recorded in a manner appropriate to the business model and business operation. For example:
- For a business recording a few large payments or receipts (e.g., a building company or a heavy equipment company), each transaction (receivable and payment) should be recorded separately.
- For a business recording a large number of payments or receipts (e.g., a clothing retailer), then transactions over a financial period (per month or per quarter) can be grouped together according to foreign currency denomination
The CFO should research and record the results of employing alternate foreign exchange policies and methods on the TM1040-2 FOREIGN EXCHANGE RESULTS (e.g., if the FX policy calls for always hedging, what would the result have been if “never hedge” had been the policy?)
Foreign Exchange Results Log Template Details
Format: Microsoft Word 2013 (.docx)
Category: Treasury Management
Procedure: Foreign Exchange Management Procedure TM1040
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