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  1. May 31, 2024 · Cash and cash equivalents are a line item on the balance sheet that reports the value of a company's assets that are cash or can be converted into cash immediately. Cash equivalents...

  2. For companies using ASPE, equities investments are usually not reported as cash equivalents. For IFRS, preferred shares that are acquired within three months of their specified redemption date can be included as cash equivalents.

  3. In other words, amounts generally described as restricted cash or restricted cash equivalents are included on the statement of cash flows along with cash and cash equivalents. As a result, a transfer between restricted and unrestricted cash or cash equivalent accounts is not reported as a cash flow.

  4. Jul 31, 2023 · Cash equivalents are highly liquid investment securities that can be converted to cash easily and are found on a company's balance sheet.

  5. Examples of cash equivalents include bank certificates of deposit, banker’s acceptances, Treasury bills, commercial paper, and other money-market instruments. To be considered a cash equivalent, it needs to be highly liquid, redeemable upon demand, or able to be quickly converted into cash.

  6. Feb 11, 2024 · Cash and cash equivalents is a line item on the balance sheet, stating the amount of all cash or other assets that are readily convertible into cash. Any items falling within this definition are classified within the current assets category in the balance sheet.

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  8. Aug 22, 2023 · For companies using ASPE, equities investments are usually not reported as cash equivalents. For IFRS, preferred shares that are acquired within three months of their specified redemption date can be included as cash equivalents.

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