AASB 107 Statement of Cash Flows, requires that investing and financing transactions that do NOT require the use of cash or cash equivalents should be:
A) excluded from a Statement of Cash Flows
B) included in a Statement of Cash Flows before operating, investing and financing activities
C) presented in the Statement of Cash Flows after operating activities and before investing and financing activities;
D) presented in a Statement of Cash Flows after the operating, investing and financing activities have been presented.

Question

Quizplus · Accepted Answer

Non-cash investing and financing transactions should be excluded from the Statement of Cash Flows but disclosed elsewhere in the financial statements, as they do not involve cash flows.

AASB 107 Statement of Cash Flows, Requires That Investing and Financing