{"id":5242,"date":"2015-01-28T07:09:57","date_gmt":"2015-01-28T05:09:57","guid":{"rendered":"http:\/\/www.officetodo.com\/public\/?p=5242"},"modified":"2015-01-25T07:13:06","modified_gmt":"2015-01-25T05:13:06","slug":"cash-and-cash-equivalents","status":"publish","type":"post","link":"http:\/\/www.officetodo.com\/public\/cash-and-cash-equivalents\/","title":{"rendered":"Cash and cash equivalents"},"content":{"rendered":"<p>What is defined as cash and cash equivalents?<\/p>\n<p>Cash is cash and it\u2019s easily understood \u2013 it\u2019s the funds you have available to be used right away, whether they\u2019re actual cash amounts you have physically available or bank accounts, which in this sense would classify as \u2018equivalents\u2019.\u00a0<!--more--><\/p>\n<p>When cash and bank accounts are the easiest to define, it\u2019s the deposits and other funds that are far more trickier. However, there\u2019s one basic rule to help and define whether a certain balance classifies as cash or some other form of asset. Ask yourself how easily you can use the position. Can you take funds out say within months notice? The general term is 3 months, however I have seen longer periods being defined as still \u2018cash equivalent\u2019. And as for investments into funds \u2013 if they\u2019re made into marketable securities that invest into similar assets as cash, chances are those positions are also defined as cash.<\/p>\n<p>Another topic that always comes in mind when talking about cash is it\u2019s physical security. I don\u2019t only mean physical security of cash at your premises, but also on your bank accounts. Cash is the most liquid asset of a company and thuse most prone for theft \u2013 ensure that you\u2019ve got proper measures in place for mitigating such risks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is defined as cash and cash equivalents? Cash is cash and it\u2019s easily understood \u2013 it\u2019s the funds you have available to be used right away, whether they\u2019re actual cash amounts you have physically available or bank accounts, which in this sense would classify as \u2018equivalents\u2019.\u00a0<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-5242","post","type-post","status-publish","format-standard","hentry","category-1-1-cash"],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/5242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/comments?post=5242"}],"version-history":[{"count":1,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/5242\/revisions"}],"predecessor-version":[{"id":5243,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/posts\/5242\/revisions\/5243"}],"wp:attachment":[{"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/media?parent=5242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/categories?post=5242"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.officetodo.com\/public\/wp-json\/wp\/v2\/tags?post=5242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}