Concept of ''fund'' , Accounting Basics

Concept of 'Fund'

The word 'Fund' has a range of meanings. several people take it identical to cash and for them, there is no dissimilarity between Cash Flow and Funds Flow Statements.  Various others contain market- able securities besides cash in 'Funds'.  The International Accounting Standard'7' knows the lack of  a single definition for 'Funds', and uses the term 'Fund' to pass on to cash, and cash equal to or to Working Capital.  yet in Working Capital, there are 2 concepts - Gross Working Capital (aggregate Current Assets) and Net Working Capital (Current Assets - Current Liabilities).

Posted Date: 10/15/2012 6:17:45 AM | Location : United States







Related Discussions:- Concept of ''fund'' , Assignment Help, Ask Question on Concept of ''fund'' , Get Answer, Expert's Help, Concept of ''fund'' Discussions

Write discussion on Concept of ''fund''
Your posts are moderated
Related Questions
is money deposited to the municipality for electricity current assets

The book of Deven Verma could not be tallied. The account transferred the difference of Rs. 1.270 in the suspense account on the debit side. the following mistakes were found later

Elaborate the consequences of non-compliance of each of the accounting concepts.


Oligopoly is a market where the supply is controlled by a little group of companies. In this condition, the actions of single company will have a material effect on the entire mark

what is the BRS


A portion of company profits allocated by an employer, in good years, to an employee's trust.Contributions on behalf of every employee are expressed as a percentage of salary with

Q. Adjustments for accrued items? Accrued items need two types of adjusting entries asset/revenue adjustments and liability/expense adjustments. The first group asset/revenue a

Q. Effects of failing to prepare adjusting entries ? Failure to organize proper adjusting entries causes net income and the balance sheet to be in error. You are able to see the