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treatment of provision(environmental provision) in statement of cash flows

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › treatment of provision(environmental provision) in statement of cash flows

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  • October 20, 2018 at 6:57 am #479261
    arsalanhanif
    Member
    • Topics: 1
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    how we treat the provisions in statement of cash flow according to ias7 like warranty and environmental provision in statement of cash flows

    October 20, 2018 at 8:59 am #479277
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7082
    • ☆☆☆☆☆

    Hi,

    Yes, the provision is treated in the same fashion as any other provision. So the non-cash change is adjusted, alongside any cash payment of the provision.

    Thanks

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