Hi Friends.....what is Credit Risk and Currency Risk given under notes to Financial of a Company under The Note of Financial Instruments.......
3 Replies
Rahul Gupta
(Project Controller ACA MBA(Fin.))
(8019 Points)
Replied 10 June 2010
Credit Risk is referred as the risk associated with the changes in interest rates with respect to the financial instruments.
Currency risk refers to the risk associated with the change in the Exchange rate of Currencies.
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 10 June 2010
Fully agree with Mr. Rahul Gupta
CA Shashank Bansal
(Executive-Audit)
(57 Points)
Replied 12 June 2010
Thank u ..................Can u send me format in which the Currency risk is presented in notes to FS.
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