We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Managing FX Risk from the Bottom Up.
- Authors
Edens, Corey
- Abstract
The article discusses foreign exchange risk. While fluctuating exchange rates can be of concern, for many firms two major sources of risk are inaccurately recorded foreign-exchange data, and currency-related re-measurement in connection with U.S. financial accounting standard no. 52. Errors can arise when transactions in a foreign currency are recorded in the local one, and when the re-measurement features of a firm's enterprise resource planning software have not been maintained to reflect changing business circumstances.
- Subjects
UNITED States; FOREIGN exchange rate risk; RISK management in business; FOREIGN exchange accounting; FASB pronouncement : Statement 52; ENTERPRISE resource planning
- Publication
Financial Executive, 2008, Vol 24, Issue 4, p63
- ISSN
0895-4186
- Publication type
Article