Читать книгу Annual Accounting and Auditing Workshop - Kurt Oestriecher - Страница 17

Diversity in practices existed in the classification and presentation of changes in restricted cash on the statement of cash flows. Entities classify transfers between cash and unrestricted cash as operating, investing, and financing, or as a combination of those activities on the statement of cash flows. In addition, some consider such transfers as cash inflows and cash flows, whereas others disclose those cash flows as noncash investing or financing activities. This update was issued to harmonize treatment of such transfers on the statement of cash flows.