New FAQ on How should the cash movement in consumer deposits be presented in the cash flow statement?

Consumer deposits are associated with the provision of goods and services and therefore relate to an entity’s revenue-producing activities. As a result, cash movements in consumer deposits are reflected as a change in working capital, as part of operating activities, in the cash flow statement.

Access FAQ 3.18 here: FAQs.



Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.