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
even after preparing BRS why does balance as per cash book and balance as per pass book do not tally?

What process for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back surplus amount how do in oracle apps?          Ans

Accounting conventions The phrase 'convention' is used to signify customs or ethnicity as a guide to the research of accounting statements. A variety of accounting conventions

The advent of management accounting was the subsequently logical step in the developmental method. The practice of utilizing accounting information like a direct aid to management

Q. Describe about accounting. Why is it called language of business? Accounting is known as -an art of recording, classifying and summarizing transactions and events in a si

The formula for computing additional paid-in capital in excess of par is shares of stock times Saturday

1. The closing stock of Prince Corporation has been reduced by $8,000 from its opening amount of $22,000. 2. No dividend has been paid or proposed by the company. 3. The only cap

what is sasasaaaaaaaaaaaa

Explain about the Petty Cash Petty Cash It is a small amount of money which is kept in the office for making small expenditures. ($10, $25, $50, etc.) Business will conclude

Details: Costing products is a matter of considerable importance to organizations. The need for accurate product costs ranges from cost identification for inventory valuation purp