備考ACCA考試為的是能夠更好的掌握財會的相關知識,ACCA考試的內(nèi)容有很多,學員掌握ACCA考試卻很關鍵。怎么備考ACCA考試很關鍵?ACCA考試Economic Risk要怎么理解好?
Economic Risk的內(nèi)容有很多,也是學員在備考ACCA課程的時候需要掌握的考點之一。ACCA考試的知識點很多,學員在備考中要認真的學習。Economic Risk的內(nèi)容如下:
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This refers to the effect of exchange rate movements on the international competitiveness of a company and refers to the effect on the present value of longer term cash flows.
For example, a UK company might use raw materials, which are priced in US dollars, but export its products mainly within the EU. A depreciation of sterling against the dollar or an appreciation of sterling against other EU currencies will both erode the competitiveness of the company.
Economic exposure can be difficult to avoid but a favored strategy is to diversify internationally, in terms of sales, location of production facilities, raw materials and financing. Such diversification is likely to significantly reduce the impact of economic exposure relative to a purely domestic company, and provide much greater flexibility to react to real exchange rate changes.
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