Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Most commonly method in cash flow statement is 1- direct method 2- indirect method 3- both methods 4- none of these methods

Accounting Cost Accounting CMA Financial Statements
user-image
Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/02/24
Upvote (0) Views (5) Followers (4) Answers (3) Report Question
Write an Answer
Register now or log in to answer.
Lesley Lanag CMA CPA
by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

The most commonly used is the INDIRECT METHOD.

Hossam Al Deen Hassan
by Hossam Al Deen Hassan , Manager , Deloitte - Saudi Arabia

the IAS requires the indirect method with an option to use the direct method but in such case the cash flows shall also be presented indirectly, there for most managements uses the indirect method to avoid wasting time,

Balraj Ramandasani
by Balraj Ramandasani , Account Manager , BIN DASMAL GROUP

Second one Indirect Method !

Write Your Answer
More Questions Like This