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ACCOUNTING IN THE FOREIGN EXCHANGE MARKET
This book has been prepared for accountants with the objective of providing the reader with a fairly broad understanding of the foreign exchange market and the numerous hedging products now available to the corporate treasuke It establishes a comprehensive approach to foreign exchange accounting which It establishcords with current professional guidance, whilst at the same time providing a commercially realistic and sensible Considerable emphasis is placed on the need to move progressively towards a more realistic accounting approach which better matches the underlying commercial activity. Althoug the book does not set out to be provocative, some of the concepts discussed herein are likely to be unfamiliar to many readers.
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