New Regulations for Canadian Charities and the Impact on Philanthropy
One topic very much on our Canadian clients’ minds are the new regulations the CRA (Canada Revenue Agency) released on charities and the impact it will have on Canadian philanthropy.
FX budget rates are a fundamental aspect of financial planning for multinational corporations and businesses engaged in cross-border transactions. Let’s run through the basics, what they are, and why they are important.
As with any process, there are often mistakes that practitioners might make in setting budget rates. Here we outline some common mistakes, and how to avoid them.
We've covered the basics of FX budget rates and the factors that influence them. Now, let's focus on best practices to improve financial planning and risk management.
Exploring FX Budget Rate Calculation Methodologies
For treasury professionals, determining the right FX budget rate can be crucial. The methodology you choose for calculating FX budget rates can greatly influence your company’s financial performance.