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CASH FLOW STATEMENT

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › CASH FLOW STATEMENT

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarJohn Moffat.
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    Posts
  • July 6, 2017 at 2:53 pm #394853
    Avataraddition
    Participant
    • Topics: 11
    • Replies: 5
    • ☆

    1. Does cash and cash equivalent include inventories and receivables?
    2. When given amount of tax in the SOPL and another amount of taxation in SOFPP, which one is used in the cash flow statement?

    July 6, 2017 at 4:24 pm #394870
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54845
    • ☆☆☆☆☆

    1. No – it certainly does not. It is cash plus short term investments

    2. Neither. It is the tax actually paid (which you can of course calculate from the tax charge in the SOPL and the liabilities in the SOFP’s)

    I do suggest that you watch the free lectures on Statement of cash flows.

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  • The topic ‘CASH FLOW STATEMENT’ is closed to new replies.

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