Question
Cash flow statement: Direct method sheet: You are required to prepare a template of how a complete cash flow statement will look based on the
- Cash flow statement: Direct method sheet:
You are required to prepare a template of how a complete cash flow statement will look based on the direct method.
List at least 2 advantages and 2 disadvantages of using the direct method when it comes to cash flow statements.
- Cash flow statement: Indirect method sheet:
You are required to prepare a template of how a complete cash flow statement will look based on the indirect method.
List at least 2 advantages and 2 disadvantages of using the indirect method when it comes to cash flow statements.
- Cash flow statement: Conclusion Direct vs Indirect
You are required to summarise what the differences are between the direct method vs the indirect method.
Clearly state your conclusion: Is there a difference in the amounts calculated between the two methods?
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