How does the reporting of investing and financing activities differ in both methods [...] .
Answer
the same for both direct and indirect methods
Tags
#cashflow-statement
Question
How does the reporting of investing and financing activities differ in both methods [...] .
Answer
?
Tags
#cashflow-statement
Question
How does the reporting of investing and financing activities differ in both methods [...] .
Answer
the same for both direct and indirect methods
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Subject 2. Preparing the Cash Flow Statement are acceptable for financial reporting purposes. However, the direct method discloses more information about a company. Partly because companies want to limit information disclosed, the indirect method is more commonly used.
<span>The reporting of investing and financing activities is the same for both direct and indirect methods. Only the reporting of CFO is different.
Direct Method
Under the direct method, the statement of cash flows reports net cash flows from operations as major clas
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