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Cash flow statement

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Cash flow statement

  • This topic has 6 replies, 2 voices, and was last updated 12 years ago by MikeLittle.
Viewing 7 posts - 1 through 7 (of 7 total)
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  • May 12, 2013 at 8:13 am #125215
    hasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    In this do we adjust the profit/loss on disposal of investment property?

    May 12, 2013 at 8:15 am #125216
    hasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    And what abt any investment property acquired,do we take it as an outflow in investing activities?

    May 13, 2013 at 10:29 am #125317
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23333
    • ☆☆☆☆☆

    Yes, it’s a non-cash item so should be adjusted in Operating Activities

    Yes

    May 13, 2013 at 10:57 am #125322
    hasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    But in the bpp kit they have not taken additions to investment property as an outflow.pls help

    May 13, 2013 at 3:40 pm #125337
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23333
    • ☆☆☆☆☆

    Maybe they were revalued – in which case it’s not a cash item?

    May 13, 2013 at 3:44 pm #125341
    hasanali95
    Member
    • Topics: 239
    • Replies: 248
    • ☆☆☆

    Nope

    May 13, 2013 at 4:33 pm #125359
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23333
    • ☆☆☆☆☆

    Maybe they were acquired in an exchange of an asset given up in exchange for an investment property acquired?

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