2. Current assets refer to assets that can be realized or used by an enterprise within a business cycle of one year or more. Liquidity refers to the liquidity of an enterprise.
1. Current assets include cash and cash equivalents, accounts receivable, inventories and other assets that can be realized within one year; Liquidity, also known as working capital, is the source and use of funds for the daily operation of the company, which needs to be increased or decreased in the corresponding items in the balance sheet and income statement. In short, from the perspective of financial statements, the former (current assets) is a balance sheet problem; The latter is more about cash flow statement. Liquidity = current assets-current liabilities. The so-called net liquidity. According to this definition, the source of funds for current assets should be another long-term source besides current liabilities. The amount of net liquidity represents the liquidity of the enterprise. The more net liquidity means that the more net liquidity, the stronger its short-term solvency, so its credit status is higher, it is easier to raise funds in the capital market and its cost is lower.
2. Current assets refer to assets that can be realized or used by an enterprise within a business cycle of one year or more, and are an indispensable part of enterprise assets. In the process of turnover transition, current assets start from the monetary form, change its form in turn, and finally return to the monetary form (monetary funds → reserve funds, fixed funds → production funds → finished goods funds → monetary funds). All kinds of funds are closely combined with production and circulation, with fast turnover and strong liquidity. Strengthening the audit of current assets business is conducive to determining the legitimacy and compliance of current assets business, checking the correctness of accounting treatment of current assets business, exposing its shortcomings, and improving the efficiency of using current assets.