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Brandon Henige
on Nov 13, 2024

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Which of the following activities is excluded from the statement of cash flows under IFRS?

A) Financing activities
B) Investing activities
C) Noncash investing and financing activities
D) Operating activities

IFRS

International Financial Reporting Standards, a set of global accounting standards that guide the financial reporting of public companies.

Statement of Cash Flows

A financial documentation that illustrates the effect of changes in balance sheet accounts and profit on cash and cash equivalents, dividing the analysis into categories of operating, investing, and financing activities.

Noncash Investing

Investing activities that do not involve the immediate outflow of cash, such as acquiring assets through finance leases.

  • Understand the treatment and reporting of noncash investing and financing activities in the statement of cash flows.
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Aylin VillalobosNov 16, 2024
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