Consolidated Cash Flow Statement with Foreign Currencies

Рет қаралды 47,659

Күн бұрын

Пікірлер: 16

@gauravkhandelwal4748 2 ай бұрын

Hi Silvia why did you use Average rate for elimination of subsidiary trade receivables. If i am not wrong Closing would have been considerd while translating the Financial statement of subsidiary company to presentation currency.

@JhonB-d6d Жыл бұрын

Hi Silvia, great video. Can I seek your advice, if Director paid on behalf for company expenses (by crediting) to amount owing to Director. In the cashflow statement, the expenses paid on behalf shall reflect under operating or financing?

@FranklinParrado-p3t Жыл бұрын

Great video! I have a question, shouldn't the consolidated CF difference align the with difference betwen periods in the Consolidated BS? For example if in the CF the consolidated difference for AR is $11,000, this should be the same amount of difference in the Consolidated BS in the AR? That's the problem that I'm having :(

@humanbeing888 2 жыл бұрын

Hi Silvia, your video on IFRS 10 really helped me get through the process. When it comes to IAS 7, you mentioned that we work on subsidiary's cash flow separately, my question is, how do we eliminate the subsidiary's equity (as per IFRS 10) if we do it separately between parent and subsidiary with foreign currency? If I prepare consolidated BS without the subsidiary, then the elimination process can't be done.

@CPDbox 2 жыл бұрын

That's not how it was meant :) Sorry for the confusion. I tried to say that you do NOT prepare consolidated CF from consolidated BS and P/L. You should first prepare individual statements of CF for both parent and subsidiary, then secondly translate subsidiary's CF to the presentation currency and THEN prepare consolidated CF. Of course, you cannot exclude subsidiary. Please see more here: www.cpdbox.com/consolidated-cash-flows-foreign-currencies/

@HalloDubaiahh 2 жыл бұрын

Cn u pls share the link of consol preparation vido?

@tamoorhassanpirzada8909 4 жыл бұрын

Can record a new lecture for statement of consolidation...?

@heshamyounes3059 2 жыл бұрын

HI Silvia, I wish that find you well. why closing rate used for translating intra group A/P , whereas average rate used for intra group A/R , despite both of A/P and A/R changes translated by average rate.

@CPDbox 2 жыл бұрын

I believe I explained that, and even if not... it all ends up in the same way, just try it :)

@hasantarek4481 6 жыл бұрын

extremely helpful....clearing my concepts

@tamoorhassanpirzada8909 4 жыл бұрын

Can I send you soms questions regarding consolidation statement,??

@singals4744 7 жыл бұрын

Nice informative videos. Why have you stopped uploading?

@CPDbox 7 жыл бұрын

Hi Singal, thanks! I haven't stopped, just slowed down. The reason is that I'm preparing completely redesigned website with the new content - so I'm very busy :) Keep watching!