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Chapter 17

Statement of cash flows

Outcome

By the end of this session you should be able to:

 differentiate between profit and cash flows

 recognise the benefits and drawbacks to users of financial statements of a
statement of cash flows

 calculate the figures needed for inclusion in the statement of cash flows

 calculate cash flows from operating activities using either the indirect or direct
method

 prepare statements of cash flows and/or extracts from given information

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Notes can be found in
Chapter 19 of your Study Text

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