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In Cash flow Statement what will be the classification of 'receipt of grant for capital projects'
Answers (5)
Naga siromani Yerramaneni
Cash flows from financing activities
Both views exist - Investing as well as Financing activity. You can take Financing activity in the exam. While you do this in the exam - do write the following note. If its in nature of promoter contribution then its a financing and if its against some specific investment then investing.
Sahibdeep Singh
Both views exist - Investing as well as Financing activity. You can take Financing activity in the exam. While you do this in the exam - do write the following note. If its in nature of promoter contribution then its a financing and if its against some specific investment then investing.
Thank you Are there any other examples where both views are possible?
Thread Starter
Priyanka UdeshiThank you Are there any other examples where both views are possible?
No, not anything which is relevant at Inter level. While in practice, one can find certain items treated differently in US GAAP and IFRS like dividend received.
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