Doubt clarification
This query is : Resolved
05 September 2017
what is the effect on working capital position on receiving grant from government?
and we amortize the grant so received over a period of time
and we amortize the grant so received over a period of time
06 September 2017
Such grant is capitalised on receipt & then amortize over a period of time.
06 September 2017
what is the purpose of GRANT is very important. Is it earmarked or GENERAL purpose is yet another important consideration.
06 September 2017
Govt grant to be capitalised & amortised.
07 September 2017
in preparing cash flow statement though indirect method information given
receipt of govt grant 12 lakhs
net increase in working capital 1200 lakhs
they do not provide information regarding amortization of such grant
now my question is if we modify that there is amortization of such grant[adjustment] 7 lakhs
now we deduct 7 lakhs from net profit in order to arrive at operating profit
what adjustment to be made to working capital changes considering this new adjustment made by me?
receipt of govt grant 12 lakhs
net increase in working capital 1200 lakhs
they do not provide information regarding amortization of such grant
now my question is if we modify that there is amortization of such grant[adjustment] 7 lakhs
now we deduct 7 lakhs from net profit in order to arrive at operating profit
what adjustment to be made to working capital changes considering this new adjustment made by me?
07 September 2017
in preparing cash flow statement though indirect method information given
receipt of govt grant 12 lakhs
net increase in working capital 1200 lakhs
they do not provide information regarding amortization of such grant
now my question is if we modify that there is amortization of such grant[adjustment] 7 lakhs
now we deduct 7 lakhs from net profit in order to arrive at operating profit
what adjustment to be made to working capital changes considering this new adjustment made by me?
receipt of govt grant 12 lakhs
net increase in working capital 1200 lakhs
they do not provide information regarding amortization of such grant
now my question is if we modify that there is amortization of such grant[adjustment] 7 lakhs
now we deduct 7 lakhs from net profit in order to arrive at operating profit
what adjustment to be made to working capital changes considering this new adjustment made by me?
07 September 2017
in preparing cash flow statement though indirect method information given
receipt of govt grant 12 lakhs
net increase in working capital 1200 lakhs
they do not provide information regarding amortization of such grant
now my question is if we modify that there is amortization of such grant[adjustment] 7 lakhs
now we deduct 7 lakhs from net profit in order to arrive at operating profit
what adjustment to be made to working capital changes considering new adjustment made by me?
receipt of govt grant 12 lakhs
net increase in working capital 1200 lakhs
they do not provide information regarding amortization of such grant
now my question is if we modify that there is amortization of such grant[adjustment] 7 lakhs
now we deduct 7 lakhs from net profit in order to arrive at operating profit
what adjustment to be made to working capital changes considering new adjustment made by me?
07 September 2017
12 lakh......1200 lakh.......what is it?
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