Controlled disbursement and Income statement exposure: Difference between pages

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A cash management service that provides same-day notification, usually by early or mid-morning, of the cash amount of cheques that will clear against the controlled disbursement account that day.
1.
''Foreign exchange risk''.
Arises as a result of the process of translating income statement items denominated in foreign currency into group income statements denominated in the parent currency.
This is a form of foreign exchange Translation exposure.


2.
More generally, the risk of adverse effects in the income statement arising from foreign exchange risk or from other sources.


== See also ==
== See also ==
* [[Disbursement]]
* [[Balance sheet exposure]]
* [[Group accounts]]
* [[Income statement]]
* [[Translation exposure]]
 

Revision as of 14:19, 23 October 2012

1. Foreign exchange risk. Arises as a result of the process of translating income statement items denominated in foreign currency into group income statements denominated in the parent currency. This is a form of foreign exchange Translation exposure.

2. More generally, the risk of adverse effects in the income statement arising from foreign exchange risk or from other sources.

See also