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Forensic Accounting

Transfer from property, plant and equipment to inventories in cash flow statement


How to treat transfer of a land from property, plant and equipment to inventories? The land is part of building construction.

Thank You!

asked Jul 6 in IAS 7 - Statement of Cash Flows by anonymous

1 Answer

0 votes
There is no cash flow when transfer of land and building to inventory , so not required to show in cash flow statement.
answered Jul 9 by CA Arun Bazari



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