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What is the major difference between GAAP Statement of cash Flow and reformulated Cash Flow Statement?

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Question added by Md. Moshiur Rahman Sumon , Assistant General Manager( Corporate Finance & Head of Internal Audit) , Progressive Life Insurance Company Limited
Date Posted: 2015/10/16
Errol Ornopia
by Errol Ornopia , General Accountant , Saudi Marketing Company

Statement of cash flow from GAAP is concerned with the flow of cash in and out of the business while reformulated cash flow statements shows free cash flow components by breaking down in two different ways. First is adjusting operating cash flow and subtracting adjusted investing cash flow. Second is the sum of net dividends and net cash outflow to both debts

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