IFRS allows more options in where you can classify different cash flows:
Interest received: operating or investing
Interest paid: operating or financing
Dividends received: operating or investing
Dividends paid: operating or financing
So how do you decide on exactly which section to classify any of these cash flows when the question does not tell you whether to use US GAAP or IFRS?
eg.
Cash received from customers: $100,000
Cash paid to suppliers: $50,000
Interest paid to creditors: $5,000
What is the operating cash flow: $50,000 or $45,000? |
发表于 2011-7-13 16:06
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