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Topic: Statement of cash flows (

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neott
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Posted: 04 Apr 2009 at 09:44 \| IP Logged

Thanks, Divya. Let me mark this down.

divyagovil1
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Posted: 04 Apr 2009 at 10:39 \| IP Logged

sanju06 wrote:

Oh. Sorry I missed it. I was referring to NFP.

Thanks, Sanjana :) sorry to bother you with one more question.... what about the interest paid on long term loan in NFP? Will it be operating?

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sanju06
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Posted: 04 Apr 2009 at 10:49 \| IP Logged

Ithink that would be financing.

divyagovil1
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Posted: 04 Apr 2009 at 11:07 \| IP Logged

Thanks a lot, Sanjana..... I have updated the summary above !

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Divya - CO State

Passed using Becker Review :
FAR - 04/11/09 - 94
BEC - 05/30/09 - 86
REG - 08/29/09 - 95
AUD - 11/21/09 - 92
Ethics - 2011

cinnamon
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Posted: 04 Apr 2009 at 12:58 \| IP Logged

Great summary! Just wanted to add that the interest paid for commercial accounting is a supplementary information below the cash flow when you use the indirect method.

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