Dec 08 2011

French > English Financial Glossary: Actif circulant > Current assets

Category: Financial GlossaryFinancial Translator @ 7:48 am

Plain English explanation:
Current assets are very simply those assets that are expected to be used (sold or consumed) within the coming 12 months, contrary to non-current assets (historically called fixed assets). Under IFRS, current assets must be shown separately on the statement of financial position (formerly the balance sheet).

Definition:
Ensemble des éléments servant au cycle d’exploitation mais dont la durée de vie au sein du cycle de production et d’exploitation est habituellement courte.
Author: trader-finance.fr (http://www.trader-finance.fr/lexique-finance/definition-lettre-A/Actif-circulant.html)

More technical stuff:
English translation: Current assets
Source: Saxce Accounting, Tax and Financial Dictionary
Date: 2007

Context:  
L’actif circulant est composé d’actifs temporaires créés par l’exploitation.

Tags: accounting term

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