Hi please enlighten me about the paragraph 33 of cash flows statement.
why dividend and interest received and interest paid is classified as operating activities?
suddenly it said may be classified as financing and investing activities?
what the differences? how to know which activities the dividend is?
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CASH FLOWS STATEMENT
4y ago#1IAS 7 has very few rules. It's completely flexible!
I recommend:
Interest received and paid - operating
Divs received = investing
Divs paid = financing
See out current issues lecture for more detail
is there any difference in reporting interest and dividend paid/received for group cash flow? or same as single entity cash flow?
4y ago#3Exactly the same.
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