Foreign Currency: Accounting, Communication and Management of Risks Harris Trevor
Foreign Currency: Accounting, Communication and Management of Risks Harris Trevor Since the fixed exchange rate regime ended, the impact of fluctuating foreign exchange rates has plagued internal and…
Specifikacia Foreign Currency: Accounting, Communication and Management of Risks Harris Trevor
Foreign Currency: Accounting, Communication and Management of Risks Harris Trevor
Since the fixed exchange rate regime ended, the impact of fluctuating foreign exchange rates has plagued internal and external users of accounting information. Foreign Currency: Accounting, Communication and Management of Risks furthers our collective understanding of the measurement and management of foreign currency exposure. Exchange rate volatility impacts real and reported measures of a firm's business in ways that are complicated and arguably little understood or appreciated by board members, senior executives, analysts, investors and empirical researchers.
To assess how current practice deals with exchange rate volatility, we conducted a detailed field study, consisting of 168 survey responses and 16 interviews with Chief Financial Officers, Treasurers and Controllers (collectively labeled CFOs), to provide systematic answers to four sets of questions related to: (i) reporting;