Noncash financing activities are disclosed in a note in the financing section of the statement of cash flows.

Question

Quizplus · Accepted Answer

Noncash financing activities are indeed disclosed in the financial statements, but they are not included in the statement of cash flows because they do not involve cash. Instead, they are typically disclosed in a separate note or supplementary schedule to the financial statements.

Noncash Financing Activities Are Disclosed in a Note in the Financing