Headroom target: Difference between revisions
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imported>Doug Williamson (Added See also Going concern & Headroom.) |
imported>Doug Williamson (Mend link.) |
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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. | ||
== See also == | == See also == | ||
* [[Going concern]] | * [[Going concern]] | ||
* [[Headroom]] | * [[Headroom]] | ||
* [[International Financial Reporting Standards]] (IFRS) | |||
* [[Liquidity]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Risk_frameworks]] | |||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
Latest revision as of 15:47, 23 June 2022
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.
