Accounting · Financial Statements

Consider the seven accounting statements provided in the description regarding Consolidated Financial Statements, Cash Flows, CSR, Ind AS, and Corporate practices. Which of the options correctly identifies the combination of statements that accurately describes the treatment of dividends from pre-acquisition profits and the presentation of non-controlling interest? Statement 1: The Consolidated Financial Statements of a group must use uniform accounting policies. Statement 2: The Cash Flow Statement captures non-cash transactions. Statement 3: Corporate Social Responsibility reporting is formalized requiring explicit disclosures. Statement 4: Goodwill arising on consolidation undergoes annual impairment testing. Statement 5: Non-controlling interest is presented in the consolidated balance sheet within equity, separately from the parent owners' equity. Statement 6: Dividend received by the parent from a subsidiary out of pre-acquisition profits is treated as a return of investment and credited to the Investment Account. Statement 7: Financial statements must account for Events After the Reporting Period.