Statement of cash flows classification enables assessment of operating, investing and financing cash effects and interrelations among activities. The statement of cash flows must report cash movements classified by operating, investing and financing activities so users can assess their impact on the ... Summary
Statement of cash flows classification enables assessment of operating, investing and financing cash effects and interrelations among activities.
The statement of cash flows must report cash movements classified by operating, investing and financing activities so users can assess their impact on the entity's financial position and cash and cash equivalents, evaluate relationships among activities, and recognise that a single transaction may contain elements classified into different activity classes (for example, interest as financing and loan principal as investing).
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.