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    ted73 Posts: 4, Reputation: 1
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    Nov 2, 2011, 03:35 PM
    Accrued interest in a cash flow statement
    Hi. I am developing a website for use by a not for profit organization. I am attempting to construct a cash flow statement. I need to know how to deal with the accrued compound interest on a gic which is paid only once upon redemption. Do I have to include the interest earned each year as part of revenue for that year or do I report it as revenue only at the time it is redeemed?

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