Transfer and Cash and cash equivalents: Difference between pages

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1. ''Cash and securities management.''  
''Financial reporting - balance sheet - assets.''


The sending (or movement) of funds or securities or of a right relating to funds or securities from one party to another by:
(CCE).


i. The conveyance of physical instruments/money; or
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.


ii. Accounting entries on the books of a financial intermediary; or


iii. Accounting entries processed through a funds and/or securities transfer system.
Examples of cash equivalents for financial reporting purposes include money market instruments, treasury bills, short-term government bonds, marketable securities and commercial paper.




The act of transfer affects the legal rights of the transferor, transferee and possibly third parties in relation to the money balance, security or other financial instrument being transferred.
Cash and cash equivalents are normally reported as a single aggregated figure in the primary statement of financial position (balance sheet).




2. ''Risk management.''
==See also==
*[[Aggregation]]
* [[Assets]]
* [[Balance sheet]]
*[[Cash]]
*[[Cash equivalents]]
*[[Cash flow]]
*[[Cash flow statement]]
*[[Commercial paper]]
*[[Cryptoassets]]
*[[Financial reporting]]
*[[Government bonds]]
*[[Intangible assets]]
* [[Liquid]]
* [[Liquidate]]
* [[Liquidity]]
* [[Liquidity risk]]
*[[Money]]
*[[Money market instrument]]
*[[Security]]
*[[Short term]]
*[[Statement of financial position]]
*[[Treasury bills]]


In relation to risk management, a response to risk in which another party is paid - or otherwise induced - to accept the risk.
[[Category:Accounting,_tax_and_regulation]]
 
[[Category:Compliance_and_audit]]
Such a transfer often leaves counterparty risk on that other party as the primary residual risk.
 
The 'transfer' risk response includes both insurance and external hedging of financial risks with derivative instruments such as forward contracts.
 
 
3. ''Pensions.''
 
The movement of a pension scheme member from one scheme to another, together with related pension liabilities and assets.
 
 
== See also ==
* [[Counterparty risk]]
* [[Derivative instrument]]
* [[Final transfer]]
* [[Fixing]]
* [[Forward contract]]
* [[Hedging]]
* [[Insurance]]
* [[Payments and payment systems]]
* [[Provisional transfer]]
* [[Reduce]]
* [[Repetitive transfers]]
* [[Risk response]]
* [[Transfer system]]
* [[Transfer value]]
* [[TUPE]]

Revision as of 13:50, 28 October 2023

Financial reporting - balance sheet - assets.

(CCE).

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.


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


Cash and cash equivalents are normally reported as a single aggregated figure in the primary statement of financial position (balance sheet).


See also

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