cash flow statement
Prazu Shrestha (36 Points)
21 July 2018
in CFS in indirect method is foreign exchange gain or loss is to be considered? if yes where??
1 Replies
CA Sunil Kumar
(Chartered Accountant)
(4524 Points)
Replied 21 July 2018
Yes,Under the indirect method, the net cash flow from operating activities is determined by adjusting profit or loss for the effects of non-cash items like unrealised foreign currency gains and losses.
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