Category: Financial Statement

Husky Energy Financial Statements

The property and equipment footnote follows. Membership in the club is available to people and their significant other who have retired from Husky Energy or Cenovus Energy. Please refer to Non-GAAP Measures at the end of this news release. Results Husky Energy Inc. Husky will also be filing today its Annual Report on Form 40-F […]

Dividend Payable Cash Flow

How do dividends impact cash flow. Dividends paid may be classified as a financing cash flow because they are a cost of obtaining financial resources. This part of the cash flow statement shows all your businesss financing activities including transactions that involve equity debt and dividends. You need to appreciate that the liability brought forward […]

Prior Period Errors Disclosure Note Example

Examples of Prior Period AdjustmentsErrors Following are few examples of Prior Period Errorsadjustments along with their Adjustment entry to rectify it- MSA Company in the year 2017 incorrectly charged furniture and fixtures for advertisement expenses amounting to Rs. New standards or amendments for 2017 and forthcoming requirements 154 II. Sometimes an error in a prior […]