Total Current Assets

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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

Statement of Financial Position

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

[1] IFRS for SMEs4.5[2015-12-01]Disclosure

[1]