IFRIC and SLY: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Link with IFRIC 23 page and note that IFRIC 4 relates to leases.)
 
imported>Doug Williamson
(Link with The Treasurer.)
 
Line 1: Line 1:
IFRIC is an acronym for 'International Financial Reporting Interpretations Committee', the former name of the International Financial Reporting Standards Interpretations Committee (IFRS Interpretations Committee).
The key short-term investment principles and prioritisation of:


'IFRIC' is also a name for a published interpretation of an international accounting standard.


For example, IFRIC 4, relating to accounting for leases.
<b>S</b>ecurity
 
<b>L</b>iquidity and
 
<b>Y</b>ield
 
 
This ordering of the principles and considerations is fundamentally important.
 
 
The safety and security of the funds invested are always the first priority.
 
Yield is the least important of the three considerations.
 




== See also ==
== See also ==
* [[IFRIC 4]]
*[[Security]]
* [[IFRIC 22]]
*[[Liquidity]]
* [[IFRIC 23]]
*[[Yield]]
* [[IFRS Interpretations Committee]]
 
* [[International Financial Reporting Interpretations Committee]]
 
===Other links===
[[Media:Risk and return.pdf| The Icelandic banking saga and English local authorities, UK Audit Commission, 2009]]
[[Media:2015_06_June_-_Safety_first.pdf| Safety first, The Treasurer, 2015]]

Revision as of 19:36, 20 November 2015

The key short-term investment principles and prioritisation of:


Security

Liquidity and

Yield


This ordering of the principles and considerations is fundamentally important.


The safety and security of the funds invested are always the first priority.

Yield is the least important of the three considerations.


See also


Other links

The Icelandic banking saga and English local authorities, UK Audit Commission, 2009 Safety first, The Treasurer, 2015