Examlex
For well-planned audits, it is practical for auditors to provide assurances on immaterial amounts included in the financial statements.
Foreign Exchange Risk
The potential for financial loss due to fluctuation in exchange rates affecting transactions in foreign currencies.
Spot Rate
The ongoing market cost at which a certain currency is being traded for instant delivery.
Balance Sheet
A balance sheet is a financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.
Thai Baht
The official currency of Thailand, coded as THB and symbolized as ฿.
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