CERTYNEX IFRS ACADEMY

Brelvis now excludes from cash some funds previously included and presents the difference (400,000) as an investing outflow of the year, without restating comparatives. What is the error?

The 400,000 outflow should be classified as operating activities.

There is no error.

The difference should be taken to profit or loss.

It is a change in policy to report under IAS 8, not a cash flow.