Double Exit

Approaching Consolidation Questions – CSPLOCI

This is the second article on approaching consolidation questions which will focus on preparing the consolidated statement of profit and loss and other comprehensive income (CSPLOCI). The first article in this series focused on preparing the consolidated statement of financial position (CSOFP) with a particular emphasis on the two main methods to approaching the question […]

Foreign Exchange Risk (Part 1) – Introduction

One core concern of the finance (or treasury) function in a business and one of the main services the finance industry provides is the area of risk management. While businesses are exposed to a variety of financial risks (e.g. commodity price movements, interest rate movements etc.) and have a variety of mechanisms to reduce such […]