Question
In this Objective, you have learned about Statements of Cash Flow. It is mentioned in the text in the Learning Activity Understanding the Statement of
In this Objective, you have learned about Statements of Cash Flow. It is mentioned in the text in the Learning Activity Understanding the Statement of Cash Flows that the Financial Accounting Standards Board (FASB) is thinking about a possible change to cash flow statements. What is the change that they are considering? Research the pros and cons of this change and list at least one of each. What decision was made as to how to handle this change for these cash flow statements presented in the text? Do you agree or disagree with this decision? why?
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