Fundamentals of Effective Foreign Currency Management by MDIS

Whether it is a domestic firm or multinational corporation, managing foreign exchange is important. The appreciation or depreciation of foreign currency affects the firm’s profitability and liquidity.

An appreciation of how international trade, business, economic and political developments could impact the exchange rate movement is critical in business strategic planning and control. Therefore, managers and executives in all functions should understand how to interpret the exchange rate, understand how the foreign exchange market works, and introduce effective tools and techniques in managing foreign currencies.

Upon completion of this workshop, participants will be able to;

• Understand the fundamentals of business activities
• Identify administrative/ finance functions that are critical to business operations
• Develop a checklist to handle administrative / finance functions
• Learn the fundamentals of GST and Tax filing according to statutory compliance