Remeasurement and Request for proposal: Difference between pages

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imported>Doug Williamson
(Classify page.)
 
imported>Doug Williamson
(Change "company" to "customer" to generalise; broaden to non-banking services.)
 
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1. ''Financial reporting''.  
(RFP).  


A reassessment of the value of an asset or liability already recorded in an entity's financial records.
== RFPs in banking ==


An request for proposal is a formal tender which communicates a customer’s requirements to the banks who are being asked to bid.


2. ''Foreign currency accounting''.  
The RFP is used to facilitate selection of a service or goods provider.


The retranslation of foreign currency denominated assets and liabilities to a reporting entitity's functional currency at a financial reporting period end date.
 
== RFPs more generally ==
 
By analogy, similar communications in relation to non-banking services.




== See also ==
== See also ==
* [[Currency]]
* [[Request for information]]
* [[Financial reporting]]
* [[Foreign exchange]]
* [[Other comprehensive income]]
* [[Revaluation]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Financial_products_and_markets]]

Revision as of 20:34, 19 September 2013

(RFP).

RFPs in banking

An request for proposal is a formal tender which communicates a customer’s requirements to the banks who are being asked to bid.

The RFP is used to facilitate selection of a service or goods provider.


RFPs more generally

By analogy, similar communications in relation to non-banking services.


See also