Αποτελέσματα Αναζήτησης
16 Φεβ 2021 · IAS 1.69 requires a liability to be classified as current if any one of the following four criteria are met: (a) It expects to settle the liability in its normal operating cycle;
13 Σεπ 2024 · All assets used/sold, or liabilities settled, within an operating cycle are classified as current, even if this exceeds 12 months. Inventories and trade receivables are typical assets used or sold within one operating cycle. Trade payables and short-term employee benefits are examples of liabilities settled as part of the normal operating cycle.
19 Νοε 2020 · Restricted cash is classified as either a current asset, which is used up within one year, or a non-current asset, which are long-term assets. As a result, if the restricted cash is...
Similarly, cash advances and loans made by financial institutions [Refer: Illustrative Examples, example B] are usually classified as operating activities since they relate to the main revenue‑producing activity of that entity.
Typical examples of current items are inventories, trade receivables, prepayments, cash, bank accounts, etc. Typical examples of non-current items are long-term loans or provisions, property, plant and equipment, intangibles, investments in subsidiaries, etc.
Cash flows are classified and presented into operating activities (either using the 'direct' or 'indirect' method), investing activities or financing activities, with the latter two categories generally presented on a gross basis.
By referring to restricted cash more broadly, the FASB intended it to encompass all amounts generally described as restricted cash or restricted cash equivalent accounts, regardless of their classification on the balance sheet.
