Statement of cash flowsPage 2Typical coverage of US GAAP►Purpose and scope►Content, format and classification►Preparation
Statement of cash flowsPage 3Executive summary►In general, the requirements under IFRS and US GAAP are quite similar. ►There are some differences with regard to classification among operating, investing and financing activities. The most notable of these are the differences in interest and dividends paid and received: ►Under IFRS, interest and dividends paid can be classified either as operating or financing cash flows. Interest and dividends received can be classified either as operating or investing cash flows. ►Under US GAAP, interest paid, interest received and dividends received are all classified as operating cash flows. Dividends paid are classified as financing cash flows.
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