Liquidity and Primary financial statements: Difference between pages

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1.  
''Financial reporting.''


An asset's ability to be turned into cash quickly and without significant loss compared with current market value.
Under International Accounting Standards (IAS) 'primary' financial statements are the main accounting statements that must be presented.  




2.
These are:


An entity’s ability to pay its obligations when they fall due, especially in the short term.
* Statement of financial position (balance sheet).
* Income statement (profit or loss account), which can be included in the statement of comprehensive income.
* Statement of comprehensive income.
* Statement of changes in equity.
* Statement of cash flows.




3.  
The primary financial statements are supported by Notes to the accounts, providing additional and more detailed financial information.


An entity's ability to source additional funds to meet its obligations, including in the medium and longer term.


==See also==
* [[Entity]]
* [[Financial reporting]]
* [[Income statement]]
* [[International Accounting Standards]]
* [[Notes]]
* [[Primary statements]]
* [[Statement of cash flows]]
* [[Statement of changes in equity]]
* [[Statement of comprehensive income]]
* [[Statement of financial position]]
* [[Statement of profit or loss and other comprehensive income]]


4.
[[Category:Accounting,_tax_and_regulation]]
 
[[Category:Compliance_and_audit]]
A financial measure designed to measure an entity's ability to meet its obligations when they fall due.
For non-financial organisations, simple measures of liquidity include the ''current ratio'' and the ''quick ratio''.
 
For banks and other financial organisations, liquidity measures include those which measure how long the bank could survive if wholesale funds were to dry up and retail funding was heavily stressed.
 
 
== See also ==
* [[Authorisation]]
* [[Authority limits]]
* [[Cash and cash equivalents]]
* [[Cash forecasting]]
* [[Cash pool]]
* [[Current ratio]]
* [[Deep market]]
* [[Headroom target]]
* [[Illiquid]]
* [[Liquidation]]
* [[Liquidity preference]]
* [[Liquidity management]]
* [[Liquidity premium]]
* [[Liquidity risk]]
* [[Money management]]
* [[Quick ratio]]
* [[Run]]
* [[Security]]
* [[Solvency]]
* [[Supply chain finance]]
* [[CertICM]]
* [[Yield]]
 
 
=== Other resources ===
*[[Media:2015_06_June_-_Safety_first.pdf| Safety first, The Treasurer, 2015]]
 
[[Category:Liquidity_management]]

Revision as of 11:01, 29 October 2020

Financial reporting.

Under International Accounting Standards (IAS) 'primary' financial statements are the main accounting statements that must be presented.


These are:

  • Statement of financial position (balance sheet).
  • Income statement (profit or loss account), which can be included in the statement of comprehensive income.
  • Statement of comprehensive income.
  • Statement of changes in equity.
  • Statement of cash flows.


The primary financial statements are supported by Notes to the accounts, providing additional and more detailed financial information.


See also

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