Current assets: Current assets are assets that are easily liquidated within a period of 1 year. These assets are used for the settlement of current liabilities. To maintain a good current ratio , the value of current assets of a business must be greater than its current liabilities. Current assets are those assets helped in designating cash, which is found to realize within the normal period of the operating cycle. To determine the listing of current assets under IFRS.

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Chapter 5, Problem 2IST

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Current assets: Current assets are assets that are easily liquidated within a period of 1 year. These assets are used for the settlement of current liabilities. To maintain a good current ratio, the value of current assets of a business must be greater than its current liabilities. Current assets are those assets helped in designating cash, which is found to realize within the normal period of the operating cycle.

To determine the listing of current assets under IFRS.

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