• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Foreign exchange losses in cash flow

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Foreign exchange losses in cash flow

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • June 25, 2021 at 7:36 am #626268
    joynow
    Member
    • Topics: 42
    • Replies: 38
    • ☆☆

    Hi, Sir. Past year Sep 2018 Q4 iii)

    Note iii) Daveed acquired a digital mapping business. Statement of cash flows showed a loss of $ 28m in net cash inflow generated from operating activities as the effect of changes in foreign exchange rates arising on the retranslation of this overseas subsidiary. The assets and liabilities of the acquired subsidiary had been correctly included in the calculation of cash movement during the year.

    My question is why the cash generated from operating activities would be increased by $28m? Since IAS 7 stated unrealised gain or losses arising from changes in foreign exchange rates are not cash flow.

    Please help Sir, Thank you.

    June 25, 2021 at 8:32 am #626273
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3428
    • ☆☆☆☆☆

    Loss of 28 should not be in CF.

    To correct – remove 28.

    This will increase operating CF.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • BhavitB on Objectives of organisations – ACCA (AFM) lectures
  • Moliselumka on MA Chapter 1 Questions Accounting for Management
  • Luqman12 on The use of computers in accounting – ACCA Financial Accounting (FA) / FIA FFA
  • TAssi07 on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • tules on FM Chapter 3 Questions – Management of working capital (1)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in