
Concept explainers
Concept Introduction:
Cash Flow statement:
The Cash flow statement shows the movement of cash during a particular period. The
- Cash flows from operating activities
- Cash Flows from investing activities
- Cash flows from financing activities
(Note: Cash flows from operating activities can be prepared using direct or indirect method)
Requirement-1:
To Indicate:
The method of cash flow acceptable by IFRS for reporting purposes
Concept Introduction:
Cash Flow statement:
The Cash flow statement shows the movement of cash during a particular period. The Cash flows are categorized into three categories as follows:
- Cash flows from operating activities
- Cash Flows from investing activities
- Cash flows from financing activities
(Note: Cash flows from operating activities can be prepared using direct or indirect method)
Requirement-2:
To Indicate:
The Section of the cash flow statement for the given cash flows under U.S. GAAP and IFRS

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Chapter F Solutions
FUND.ACCT.PRIN.(LOOSELEAF)-W/ACCESS
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