Cashflow statement format Flashcards
Which items are added in the operating activities section of the DIRECT method of cashflow statements
Direct tax
Indirect Tax
Non-Tax
Grants
Which items are subtracted in the operating activities section of the DIRECT method of cashflow statements
Compensation of employees
Goods and services
Interest Payments
Subsidies
Grants
Social Benefit
Other Expenditure
Format of the INDIRECT method of operating activities section of the statement of cashflow
Surplus/(Deficit)
Add:
Consumption of fixed Capital
Unrealised Exchange Difference (Loss)
Provision and Allowance
Changes during the year:
(Increase/Decrease in
Inventory
Operating receivables
payables
How are foreign exchange transactions treated in the statement of cashflows?
Use the rate as at the transaction date for transactions.
Use the rate as at the reporting date for balances
Casual labour
Compensation
Contract Appointment
Compensation
Travel Allowance
Compensation
Car Maintenance
Compensation
Travel and Transport
Goods and services
Consultancy fees
Goods and services
Property Plant and Equipment
Investing activities (less)
Infrastructure
Investing activities (less)
Loans and Advances
Investing activities (less)
Recovery of loans and advances
Investing activities
Equity Investment
Investing activities (less)
