
Video Link: https://youtu.be/_NG2NPHOWgg
“📊 Learn the secrets of the Statement of Cash Flows with this comprehensive lecture! Learn how to classify business activities into operating, investing, and financing activities, and understand how cash flow is generated and presented. Dive deep into the Direct Method of preparing cash flows, including:
✅ Converting net sales into cash collection from customers
✅ Turning cost of goods sold into cash paid to suppliers
✅ Adjusting operating expenses, interest, and taxes into cash payments Discover how to convert the income statement (accrual basis) into a cash basis to calculate cash flows from operating activities. Additionally, understand how to prepare cash flows from investing and financing activities.
Perfect for accounting students, educators, and professionals looking to enhance their expertise in financial reporting!”