Equlisation credit treatment in cash flow statement (ifrs)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 September 2011
With respect to IFRS- We show the Equalization Credit in Balance sheet in Liability side But In Cash Flow statement we do not show the Equlisation Credit movement
Kindly advise me for what reason we do not show the movement in Cash Flow statement
Kindly advise me for what reason we do not show the movement in Cash Flow statement
23 September 2011
IFRS does not provide industry specific standards for investment funds, ... We have also noted certain ... Two years' balance sheets, income statements, statements of changes in equity (if any), cash flow statements and notes (including the ..... net equalisation credits or debits, dividends or distributions to shareholders, ...
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 September 2011
Many thanks for your response, but i an unable to understand ur explanation...... Kindly advise me the reason why Equlisation Credit not shown in the Cash Flow statement in Open ended fund (IFRS or USGAAP).
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