Week 1 Course Project
I have chosen Case 1 for my course project, where I will be challenged to implement a hedging strategy. This particular case interested me because I have a good understanding of the idea of hedging from what I have learned in undergraduate classes, and I feel that my current knowledge of hedging strategies will help me dive deeper into this project. I am looking forward to expanding my knowledge of hedging through this project, as well improving my knowledge of professional accounting research. I feel that my biggest challenge of this project will be to come up with enough examples of how various hedging strategies can be implemented. Because the case involves only the hedging strategy of Thomas Foods, I am concerned that I will not be able to expand enough on the topic and provide enough information for the project. Expanding on a case that presents a similar scenario for a company that sells retail for example may be easier because there are more risks involved and a broader range of hedging opportunities. However, I feel that my clear understanding of hedging will help me to think outside of the box and conquer this challenge.