CDO and Headroom target: Difference between pages
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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 <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]] | ||
* [[ | * [[Headroom]] | ||
* [[ | * [[IFRS]] | ||
* [[ | * [[Liquidity]] | ||
Revision as of 09:24, 18 June 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.
