
IFRS:
International Financial Reporting Standard is abbreviated as IFRS. The IFRS is set up to bring a standard global language in accounting, so that the other firms across the globe can understand the accounting term of all other businesses.
Statement of
Statement of cash flows reports all the cash transactions which are responsible for inflow and outflow of cash and result of these transactions is reported as ending balance of cash at the end of reported period. Statement of cash flows includes the changes in cash balance due to operating, investing, and financing activities.
To prepare: Statement of cash flow according to IFRS and the classification of items according to IFRS.

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Chapter 4 Solutions
LooseLeaf Intermediate Accounting w/ Annual Report; Connect Access Card
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