Accounting exposure: Difference between revisions
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== See also == | == See also == | ||
* [[Accounting]] | |||
* [[Covenant]] | * [[Covenant]] | ||
* [[Group accounts]] | * [[Group accounts]] | ||
Latest revision as of 23:44, 6 July 2022
Risk management.
1.
The potential impact on an entity's accounts of a particular policy or transaction.
For example the effect on group accounts in applying accounting policies relating to the translation of assets and liabilities denominated in currencies other than the group's functional currency.
2.
Potential secondary adverse effects resulting from accounting exposure (as defined above).
For example the potential breach of a borrowings covenant.
