The entity is share depository company and has special off balance sheet account, where is accounted cash transferred by brokers. the entity is not showing this cash on its balance sheet and shoes it on its off-balance sheet.
is it correct approach, or entity have to show this cash in balance sheet?
additional information: This special account is for brokers when they buy shares and instead they put cash in share depository's (the company) special account. the legally this account is held by share depository company.