Under IFRS rules,nonfinancial firms are permitted to report interest and dividends received either as operating or investing activities and interest paid as either an operating or financing activity.

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Under IFRS rules, nonfinancial firms have the flexibility to report interest and dividends received as either operating or investing activities and interest paid as either operating or financing activities. This is known as the "dual approach" and provides companies with the ability to choose the classification that they believe best reflects the nature of the cash flows.

Under IFRS Rules,nonfinancial Firms Are Permitted to Report Interest and Dividends