July 1, 2023

Welcome to the topic “Cash flow direct vs. indirect.” A cash flow statement is one of the primary accounting statements after the income statement and balance sheet. Further, it’s a handy report that your firms and businesses use to monitor a firm’s finances. The report provides investors and other stakeholders a detailed overview of all […]

Welcome to the topic “Cash Flows Indirect Method.” The statement of cash flow’s indirect method adjusts net income due to the various changes and adjustments made in the balance sheet accounts to determine the cash (received or paid) from operating activities. In simple words, changes and adjustments made in a firm’s assets and liabilities that