20% off ACCA & CIMA Books

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

Statement of Cash FLow

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
August 24, 2020 at 11:41 pm #581821
arahnsathananthan
Participant
- Topics: 64
- Replies: 83
Hi John. Why do you adjust for Interest expense by adding it and then remove it in the Cash flows from Operating Activities ?
August 25, 2020 at 7:03 am #581843
John Moffat
Keymaster
- Topics: 57
- Replies: 54738
We add the expense that was charged in the SOPL, and then subtract the interest that was actually paid. The two might not be the same because there could be some of the interest still owing at the end of the year.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.