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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Cash flow statement
In this do we adjust the profit/loss on disposal of investment property?
And what abt any investment property acquired,do we take it as an outflow in investing activities?
Yes, it’s a non-cash item so should be adjusted in Operating Activities
Yes
But in the bpp kit they have not taken additions to investment property as an outflow.pls help
Maybe they were revalued – in which case it’s not a cash item?
Nope
Maybe they were acquired in an exchange of an asset given up in exchange for an investment property acquired?