- This topic has 3 replies, 2 voices, and was last updated 9 years ago by .
Viewing 4 posts - 1 through 4 (of 4 total)
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.
OpenTuition recommends the new interactive BPP books for March 2025 exams.
Get your discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Jocatt Group (Dec. 2010) – Statement of cash flows
Why in cash flows from financing activities there is no figure of proceeds from issue of share capital even though it is calculated in working?
Without the question in front of me, here’s a wild guess! We’re the shares issued as part of the acquisition consideration for buying a new subsidiary?
If I’m right, it was not an issue in exchange for cash so no impact on a cash flow statement
If I’m wrong, post again!
Yes, it was as part of the acquisition consideration! Thank you!
You’re welcome