Difference between revisions of "Headroom target"

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(Added See also Going concern & Headroom.)
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For this reason a <i>headroom target</i> should be set to provide flexibility and to ensure the Directors are able to certify their company as being a Going Concern (under IFRS accounting guidelines) at the end of each financial reporting period.
 
For this reason a <i>headroom target</i> should be set to provide flexibility and to ensure the Directors are able to certify their company as being a Going Concern (under IFRS accounting guidelines) at the end of each financial reporting period.
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== See also ==
 
== See also ==
 
* [[Going concern]]
 
* [[Going concern]]
 
* [[Headroom]]
 
* [[Headroom]]

Revision as of 15:04, 6 May 2016

Total sources of liquidity need to be sufficient to meet the cash needs of an organisation, taking into account any uncertainty over future cash requirements.

For this reason a headroom target should be set to provide flexibility and to ensure the Directors are able to certify their company as being a Going Concern (under IFRS accounting guidelines) at the end of each financial reporting period.


See also