Page 253 - F3 -FA Integrated Workbook STUDENT 2018-19

Chapter 19

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 a 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

247