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Proposed dividend treatment in cash flow …

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Proposed dividend treatment in cash flow statement

Posted by Shubham Jain 5 years, 9 months ago

CBSE > Class 12 > Accountancy

3 answers

Aviral Jain 5 years, 9 months ago

Added in net profit before tax and extraordinary items and deducted from financing activities

Yogita Ingle 5 years, 9 months ago

As per the latest amendment, the proposed dividend will not be shown in the Balance Sheet. It will be mentioned in the adjustments only.
Proposed Dividend of the Current Year will not be considered while preparing the Cash Flow Statement.
Proposed Dividend of the Previous year will be added to net Profit under Operating Activities and the same amount (Proposed Dividend of the Previous Year) will have to be deducted under Financing Activities in the Cash Flow Statement.

Tanmay Gupta 5 years, 9 months ago

Add of previous year in net profit and deduct of previous year in financing

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