In certain circumstances under IFRS, bank overdrafts are considered part of cash and cash equivalents.

Name: In certain circumstances under IFRS, bank overdrafts are considered part of cash and cash equivalents.
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Under IFRS, bank overdrafts are classified as a component of cash and cash equivalents when they form an integral part of an entity's cash management. However, if the overdraft is not an integral part of an entity's cash management, it is classified as a current liability.

In Certain Circumstances Under IFRS, Bank Overdrafts Are Considered Part