Cash equivalents and Defendant: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add liquidity management context to second definition.)
 
imported>Doug Williamson
m (Add links.)
 
Line 1: Line 1:
1. ''Financial reporting - balance sheet - assets''.
''Law.''  


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.
Generally:
#In a civil case, the person complained against
#In a criminal case, the person accused of the crime.


Examples of cash equivalents for financial reporting purposes include money market instruments, treasury bills, short-term government bonds, marketable securities and commercial paper.


Cash equivalents generally mature within three months compared to short-term investments that mature in 12 months and long-term investments that mature in over 12 months.
Use is dependent on jurisdiction.


For example, they are sometimes known as the 'defender' in a civil case, or the 'accused' in criminal cases.


2. ''Liquidity management.''


Outside the financial reporting context, the term 'cash equivalents' is also used more loosely, and may include fewer, or more, assets than those defined strictly above.
== See also ==
* [[Civil law]]
* [[Claimant]]
* [[Court]]
* [[Criminal law]]


 
[[Category:Compliance_and_audit]]
==See also==
* [[Assets]]
* [[Balance sheet]]
*[[Cash]]
*[[Cash and cash equivalents]]
*[[Cashflow statement]]
*[[Commercial paper]]
*[[IAS 7]]
*[[Liquidity]]
*[[Liquidity management]]
*[[Money market]]
*[[Near cash]]
*[[Statement of financial position]]
*[[Treasury bills]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Latest revision as of 10:55, 15 July 2021

Law.

Generally:

  1. In a civil case, the person complained against
  2. In a criminal case, the person accused of the crime.


Use is dependent on jurisdiction.

For example, they are sometimes known as the 'defender' in a civil case, or the 'accused' in criminal cases.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Cash_equivalents&oldid=14245’