Is the direct method still used in the statement of cash flows?

Question added by Hazim Hassan, CMA, CIFR , Finance Manager , Al-ghanim & Debbas Gen. Trd. Co
Date Posted: 2017/05/19

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by Hazim Hassan, CMA, CIFR , Finance Manager , Al-ghanim & Debbas Gen. Trd. Co

The direct method of preparing the statement of cash flows is recommended by the Financial Accounting Standards Board (FASB). However, the direct method is rarely used.

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by Manikantan chirayil , Senior Accountant , Qatar Technical Services W.L.L. Doh

the direct method is rarely used.

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