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
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?
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?
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?
CAclubindia
