Question
kindly help with this question. 1. You are studying to enter professions that require high moral and ethical behavior. Your commitment to such standards should
kindly help with this question.
1. You are studying to enter professions that require high moral and ethical behavior. Your commitment to such standards should begin in this class.
Let's discuss why ethics and professional conduct are so important in finance and why we should start in our studies. Those students who come to this question first, perform an Internet search and locate the Code of Ethics of one of the accounting or financial management professional organizations of your choice. Identify a few of their key codes of ethical or professional conduct. Discuss their importance and how we, as students can demonstrate these behaviors.
Some major finance organizations include the following, but feel free to research an organization of your interest with the source:
Association for Financial Professionals
Certified Financial Analyst Institute
Financial Management Association International
Institute of Management Accountants
If you come later to our discussion, why is it important to demonstrate ethics and professional integrity when performing financial analyses or creating financial models?
AND PLEASE DON'T USE A PROFESSIONAL ASSOCIATION THAT HAS ALREADY BEEN CHOSEN.
2.
If the world had stable foreign exchange rates, your text on international finance would be a much thinner book. Because we live in a world of often rapidly fluctuating exchange rates, one of the core issues of international finance is studying ways the international firm can minimize its risk from exchange rate losses in its international transactions, its international investments and in its repatriation of overseas profits.
Through the study of the materials in this course, you will learn many sophisticated techniques for minimizing risk. The following question is designed to get you thinking about the topic. You are the CFO of a U.S. firm with a wholly owned subsidiary in Mexico that manufactures component parts for your U.S. assembly operations. The subsidiary has been financed by bank borrowings in the United States. You have just been told by one of your analysts that the Mexican peso is expected to depreciate by 30% against the U.S. dollar on the foreign exchange markets over the next year. What actions, if any, should you take?
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