Legal risk and Presentation currency: Difference between pages

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imported>Doug Williamson
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1.  
The currency in which financial statements are presented.


The risk that transactions or business relationships may have unforeseen adverse legal consequences. 


For example, giving rise to additional costs or to the inability to enforce legal rights.
==See also==
* [[Functional currency]]


 
[[Category:Accounting,_tax_and_regulation]]
2.
 
The risk that the administration of legal matters may be more costly - or otherwise more burdensome - than foreseen.
 
Legal risk may arise from existing laws and practice, or from changes in relevant laws and practice.
 
 
== See also ==
* [[Risk]]

Latest revision as of 07:07, 2 July 2022

The currency in which financial statements are presented.


See also