c23
-describe the usefulness and format of the statement of cash flows
-prepare a statement of cash flows
-contrast the direct and indirect methods of calculating net cash flow from operating activities
-discuss special problems in preparing a statement of cash flows
-explain the use of a worksheet in preparing a statement of cash flows


statement of cash flows
-usefulness of statement
-classification of cash flows
-format of statement

preparing the statement of cash flows
-illustrations-tax consultant Inc.
-sources of information
-net cash flow from operating activities-direct method

special problems in statement preparation
-adjustments to net income
-accounts rec
-other working capital changes
-net losses
-significant,noncash transactions

use of a worksheet
-preparation of worksheet
-analysis of transactions
-preparation of final statement