Cash and cash equivalents: Difference between revisions
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Revision as of 11:49, 29 October 2020
Financial reporting - balance sheet - assets.
(CCE).
For financial reporting purposes, cash equivalents are:
- Short-term, highly liquid investments that are
- Readily convertible to known amounts of cash and
- Which are subject to an insignificant risk of changes in value.
Cash and cash equivalents are normally reported as a single aggregated figure in the primary statement of financial position.
