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PRE-VIDEOS NOTES FOR STATEMENT OF CASH FLOW (CHAPTER 17 PAGE 485)

Provide 4 examples of ways how statement of CF can assist the users of financial statements:

1.

2.

3.

4.

IAS 7 define cash and cash equivalents as:

Define each classification of CF activities

1. Operating activities

2. Investing activities

3. Financing activities

Two methods of reporting CF from operating activities. Understand the difference.

1. DIRECT METHOD

2. INDIRECT METHOD

Refer to the CF statements of the company that you choose for your assignment and project.
What method of reporting CF from operating activities that the company adopt?

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