Chapter

Current Assets and Fictitious Assets

Hrishikes Bhattacharya

in Banking Strategy, Credit Appraisal, and Lending Decisions

Second edition

Published in print October 2011 | ISBN: 9780198074106
Published online September 2012 | e-ISBN: 9780199080861 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198074106.003.0007
Current Assets and Fictitious Assets

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One of the principal objectives of a finance manager is to maintain the dynamic stability of current assets in response to the level of capacity utilisation. The dynamism can be maintained only when the quality of current assets is such as to ensure their fast movement by continuous replacement, so that they remain current. This chapter critically examines the major items of current assets. It discusses in detail cash and bank balances, sundry debtors/receivables, inventory valuation, various types of stocks/inventories, loans and advances, and intangible and fictitious assets.

Keywords: cash; bank balance; sundry debtors; receivables; stocks; inventories; loans and advances; intangible assets; fictitious assets

Chapter.  7795 words. 

Subjects: Financial Markets

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