Biswajit Mondal
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Can anyone explain me about classification by activity in IFRS exam ?
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vinod saini
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Classification by activity (operating, investing or financing) provides more detailed information to help users to assess the ability of the entity to generate cash flows in a particular accounting period and in the future. This information is also useful in evaluating the relationships between those activities when predicting future cash flows. Judgement is required to classify some cash flows as operating, investing or financing.
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