Confirmation and Non-current liabilities: Difference between pages

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imported>Doug Williamson
(Correct spelling.)
 
imported>Doug Williamson
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1. ''Treasury controls.''
(NCL).


A confirmation is a document through which a market participant notifies its counterparties or customers of the details of a trade/transaction and, typically, allows them time to affirm or question the trade/transaction.
Liabilities that are likely to be settled after more than a year or a normal accounting cycle.


The issue and matching of confirmations is one of the key controls in treasury dealing activity.
In very simple definitions of capital employed, the terms 'non-current liabilities' and 'debt' are sometimes used interchangeably.


Increasingly confirmations are being transmitted and matched by electronic mean, but the same rules, relating to the separation of the dealing function from the confirmation function, still apply.


 
== See also ==
2.
* [[Capital employed]]
 
* [[Current assets]]
Similar notifications in other contexts.
* [[Current liabilities]]
 
* [[Debt]]
 
* [[Non-current assets]]
==See also==
* [[Property, plant and equipment]]
* [[Controls]]
* [[Return on capital employed]]
* [[Settlement]]
 
[[Category:Compliance_and_audit]]

Revision as of 14:47, 25 March 2020

(NCL).

Liabilities that are likely to be settled after more than a year or a normal accounting cycle.

In very simple definitions of capital employed, the terms 'non-current liabilities' and 'debt' are sometimes used interchangeably.


See also