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Cash and cash equivalents

9 May 2009 3,662 views 3 Comments

Hi,

1. The accrued interest for a deposit (maturity less than 3 m) is included in “cash and cash equivalents” in BS?

2. If yes, the accrued interest (increase/decrease) is not an item in operating cash flow (in order to reconcile the bottom line from cash flow with the first line in balance sheet)?

(I am asking because my auditor request that in BS cash & equiv include accrued interest but in cash flow statements the accrued interest is not included (has a separate line in operating cash flow).

Tks

Luminita

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3 Comments »

  • asadlarik3 said:

    1. Accrued Interest is not a Cash equivalent and should be shown separately you can confirm it more by checking it from your local company law where this would be appearing as a different item.

    Even the less than 3m maturity should not make it cash equivalent which i guess are only securities and accrued interest is only a RECEIVABLE just like Trade Receivables

    2. NA

    # 13 May 2009 at 7:04 pm
  • cash and cash equivalents IFRSLIST COM The online community | Paid Surveys said:

    [...] cash and cash equivalents IFRSLIST COM The online community Posted by root 6 hours ago (http://www.ifrslist.com) May 9 2009 leave your response you must be logged in to post a comment and ideas about ifrs accounting and auditing with more than 1 5k members powered by wordpress log in entries rss the next communication Discuss  |  Bury |  News | cash and cash equivalents ifrslist com the online community [...]

    # 29 May 2009 at 5:46 pm
  • illanans-933 said:

    illanans-933…

    Отлично .…

    # 12 April 2010 at 5:59 am

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