Accounting-Statement of Cash Flows

Udemy
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Accounting-Statement of Cash Flows

Use the direct method and indirect method to construct the financial statement explaining how to use accounting worksheet
What you’ll learn
  • Explain what a statement of cash flows is
  • List the component parts of a statement of cash flows
  • Describe how a statement of cash flows is used
  • List the steps to creating a statement of cash flows
  • Build a statement of cash flows
  • Create the cash flows from operating activities section using the indirect method
  • Create the cash flows from operating activities section using the direct method
  • Compare and contrast the direct method and indirect method
  • List and describe non cash inventing and financing activities
Requirements
  • We should have a basic understanding of financial accounting and debits and credits

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