Question
1. An analysis that identifies and explains AFLAC's currency risk.Are the risks transaction or translation risks ? Your analysis must specifically illustrate how the strategy
1. An analysis that identifies and explains AFLAC's currency risk.Are the risks transaction or translation risks?
Your analysis must specifically illustrate how the strategy protects AFLAC earnings
2. Obtain AFLAC's December 31, 2021, annual financial report. Identify in its financials items related to its hedging operations
Review the financials and footnote disclosures
Provide specific references to the financials or footnotes that support the articles rendering of Aflac's hedging strategy.
https://www.wsj.com/articles/aflacs-income-is-mostly-in-yen-here-is-how-it-reduces-its-currency-risk-11658142901
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
