Page 343 - SBR Integrated Workbook STUDENT S18-J19

Group statement of cash flows

3.5 Other issues: foreign exchange

The carrying amounts of assets and liabilities denominated in an overseas currency
will increase or decrease partly due to movements in exchange rates. These
movements must be factored into your workings in order to determine the actual cash
payments and receipts during the year.

3.6 Question practice

Students often struggle with cash flows. You should practise lots of
questions to improve your understanding and exam technique.

337