Search found 4 matches
- 31 Oct 2021, 10:07
- Forum: IFRS-related topics
- Topic: Difference between NRV and "fair value less costs to sell"
- Replies: 7
- Views: 3357
Difference between NRV and "fair value less costs to sell"
Dear community, I've got a question regarding inventory valuation and disclosure. As widely known, inventory is required to be valued at the lower of cost and net realisable value (NRV). In IAS 2 Inventory 's disclosure part, para. 36 (c), states that, " the carrying amount of inventories carri...
- 27 Oct 2021, 14:26
- Forum: IFRS-related topics
- Topic: IAS 7 - Dividends paid as operating cash flow
- Replies: 5
- Views: 1339
Re: IAS 7 - Dividends paid as operating cash flow
Wow, this document provides some very useful information. Thank you so much. 
- 27 Oct 2021, 13:53
- Forum: IFRS-related topics
- Topic: IAS 7 - Dividends paid as operating cash flow
- Replies: 5
- Views: 1339
Re: IAS 7 - Dividends paid as operating cash flow
I tried to search the Internet but could not find an answer. and what is the question? Sorry for not making myself clear. The question is that this does not seem to fit the logic of classifications. Why would paying dividends be part of the operation activities? Would be grateful if there is any ex...
- 27 Oct 2021, 11:50
- Forum: IFRS-related topics
- Topic: IAS 7 - Dividends paid as operating cash flow
- Replies: 5
- Views: 1339
IAS 7 - Dividends paid as operating cash flow
Hi everyone. I encountered an issue regarding cash flow classification and I really don't know why. IAS 7 p. 34 states that dividends paid can be classified as operating cash flow, the exact wording is "Alternatively, dividends paid may be classified as a component of cash flows from operating ...