Non-Cash Transactions

Investing and financing transactions that do not require the use of cash or cash-equivalents should be excluded from a cash flow statement. Such transactions should be disclosed elsewhere in the financial statements in a way that provides all the relevant information about these investing and financing activities. Examples of non-cash transactions are: (i) the acquisition of assets an enterprise by means of issue of shares and :or debentures. (ii) conversion of debt into equity and (iii) issue of bonus shares.

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