Total Current Assets
From Open Risk Manual
Contents
Definition
Total Current Assets. The amount of assets that the entity
- (a) expects to realise or intends to sell or consume in its normal operating cycle;
- (b) holds primarily for the purpose of trading;
- (c) expects to realise within twelve months after the reporting period; or
- (d) classifies as cash or cash equivalents unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period.
[Refer: Assets]
Usage
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Total current assets
- Common Initials:
- Element Type and Attributes: Xinstant, debit
- Hierarchy Level: 3
- IFRS References: [1]
References
- ↑ IFRS for SMEs4.5[2015-12-01]Disclosure
