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350 word's International Financial Reporting Standards (IFRS) no longer required companies to prepare statement of sources and application of funds. Differentiate between a statement of

350 word's
International Financial Reporting Standards (IFRS) no longer required companies to prepare statement of sources and application of funds. Differentiate between a statement of cash flows and a statement of sources and supplication of funds (funds flow statement). What are the advantages and disadvantages of preparing funds flow statements? Discuss

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