Page 8 - Modul CA - Manajemen Keuangan Lanjutan (Plus Soal)
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MANAJEMEN
KEUANGAN LANJUTAN
BAB IX
DERIVATIF, LINDUNG NILAI, DAN RISIKO ....................................................................................... 67
9.1 Pendahuluan ....................................................................................................................................................... 68
9.2 Forward Contacts ............................................................................................................................................... 68
9.3 Future Contacts .................................................................................................................................................. 69
9.4 Lindung Nilai ..................................................................................................................................................... 69
9.5 Interest Rate Future Contracts....................................................................................................................... 70
9.6 Lindung Nilai Duration (Duration Hedging) ................................................................................................ 73
9.7 Swap Contracts ................................................................................................................................................... 75
9.8 Penggunaan Derivatif ....................................................................................................................................... 76
BAB X
MANAJEMEN RISIKO PERUSAHAAN ................................................................................................. 77
10.1 Lima Langkah Proses Manajemen Risiko Perusahaan ............................................................................... 79
10.2 Pengelolaan Risiko dengan Kontrak Asuransi ............................................................................................. 79
10.3 Pengelolaan Risiko dengan Lindung Nilai Menggunakan Forward Contracts ....................................... 80
10.4 Pengelolaan Risiko dengan Lindung Nilai Instrumen
Keuangan Derivatif yang Diperdagangkan ................................................................................................... 81
10.5 Penilaian Option dan Swaps ......................................................................................................................... 83
DOKUMEN
BAB XI
STRATEGI PENDANAAN ...................................................................................................................... 85
11.1 Karakterisitik Saham Biasa dan Saham Preferen ........................................................................................ 86
11.2 Utang Jangka Panjang ....................................................................................................................................... 87
11.3 Jenis-Jenis Obligasi ............................................................................................................................................ 89
IAI
11.4 Kredit Sindikasi Jangka Panjang ..................................................................................................................... 89
11.5 Obligasi Internasional.................................................................................................................................... 89
11.6 Pola Pembiayaan ................................................................................................................................................ 90
11.7 Perkembangan Terkini Struktur Modal ......................................................................................................... 90
BAB XII
TEORI PASAR VALUTA ASING DAN KONDISI PARITAS INTERNASIONAL ....................................... 91
12.1 Mengenal Pasar Valuta Asing ......................................................................................................................... 92
12.2 Transaksi Pasar Valuta Asing Antar Bank .................................................................................................... 93
12.3 Kuotasi Nilai Tukar Valuta Asing ................................................................................................................... 93
12.4 Forward Rate dan Spot Rate ............................................................................................................................ 94
12.5 Harga, Suku Bunga, dan Nilai Tukar .......................................................................................................... 95
BAB XIII
PENENTUAN DAN PERAMALAN NILAI TUKAR ................................................................................. 97
13.1 Penentuan Nilai Tukar: Theoritical Thread Dasar Teoritis......................................................................... 98
13.2 Paritas .................................................................................................................................................................. 98
13.3 Peramalan Nilai Tukar: Pendekatan Pasar Aset .......................................................................................... 101
13.4 Ketidakseimbangan Nilai Tukar di Negara Berkembang ........................................................................... 102
13.5 Jenis-Jenis Eksposur Valuta Asing ............................................................................................................... 102
13.6 Pentingnya Lindung Nilai (Hedging) ............................................................................................................. 103
13.7 Pengukuran Eksposur Transaksi ..................................................................................................................... 104
13.8 Eksposur Transaksi dan Pengelolaan Utang Dagang .................................................................................. 104
13.9 Praktik Manajemen Risiko .............................................................................................................................. 105
Ikatan Akuntan Indonesia v
