Under Accounting Standards for Private Enterprises (ASPE),receipts of interest and dividends are classified as operating activities in the cash flow statement.Under International Financial Reporting Standards (IFRS),how are these items reported?

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Under IFRS, receipts of interest and dividends can be classified as either operating or investing activities depending on the nature of the business operations. For example, if a company's primary business is investing in securities, then interest and dividends would be classified as investing activities. However, if a company's primary business is not investing, then interest and dividends would be classified as operating activities.

Under Accounting Standards for Private Enterprises (ASPE),receipts of Interest and Dividends