IndigoLearn

Forums

Back

Cash flow statement

Accountancy

In Illustration 8 in cash flow statement, jyoti sum, in the answer, receipt of grant for capital projects is mentioned as cash flow from investing activities. But in the video, the answer has been solved on the basis of receipt of grant as financing activities. So is receipt of grant an investing activity or a financing activity? What to write in exam if this question arises? Please solve this doubt for me. I am confused. Video Details ------------- Ind AS - CA Final AS 3 Cash Flow Statement #23. Illustration 9

MURALIDAR 05 M

CA Final

★ 1K+

26-Feb-24 22:58

584

Answers (6)

ITs financing as per expert advisory committee.

CA Suraj Lakhotia

Admin

27-Feb-24 07:24

So is there a mistake in study material regarding receipt of grant for capital projects? Because the sum is solved as if the receipt of grant is an investing activity...

Thread Starter

MURALIDAR 05 M

CA Final

★ 1K+

27-Feb-24 16:44

Both views are acceptable.

CA Suraj Lakhotia

Admin

02-Mar-24 18:56

CA Suraj Lakhotia Admin

Both views are acceptable.

So if in exam if I mark it under either financing activity or investing activity, will I get marks for that?

Thread Starter

MURALIDAR 05 M

CA Final

★ 1K+

02-Mar-24 18:58

You can show it as an investing for exams.

CA Suraj Lakhotia

Admin

02-Mar-24 19:03

CA Suraj Lakhotia Admin

You can show it as an investing for exams.

Ok... Thank you

Thread Starter

MURALIDAR 05 M

CA Final

★ 1K+

02-Mar-24 19:04