Pro-Formas in DFS Exams

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jewels.p
jewels.p Registered Posts: 1,774 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
When you are doing the DFS Exam do they always give you Pro-Formas for the Income Statement, Statement of Financial Position and Cashflow Statement?

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  • A-Vic
    A-Vic Registered Posts: 6,970 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
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    When you are doing the DFS Exam do they always give you Pro-Formas for the Income Statement, Statement of Financial Position and Cashflow Statement?

    Yep you get a seprate booklett
  • messedup89
    messedup89 Registered Posts: 1,281 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
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    Cashflow Statement Proforma
    N.B Headings in bold given in exam!
    ยฃ
    Net cash from operating activities (from reconciliation!) X

    Cash flows from investing activities
    Purchase of property, plant & equipment (W1) (X)
    Proceeds on disposal of property, plant & equipment (W2) X
    Purchase of investments (X)
    Interest Received X
    Dividends received X
    Net cash from/(used in) investing operations (X)

    Cash flows from financing activities
    Proceeds from share issues X
    Proceeds from long-term borrowing X
    Dividends paid (X)
    Net cash from/(used in) financing activities X
    Net increase/(decrease) in cash & cash equivalents X
    Cash & cash equivalents at beginning of year X
    Cash & cash equivalents at end of year X
  • A-Vic
    A-Vic Registered Posts: 6,970 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
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    yes sorry the only one you dont get is the reconcilliation for the cashflow that you do have to do yourself
  • jewels.p
    jewels.p Registered Posts: 1,774 Beyond epic contributor ๐Ÿง™โ€โ™‚๏ธ
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    OK Thanks you two :001_smile:
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