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CASH TALKS: A Step by Step Guide on Preparing Statement of Cash Flows - Couverture souple

Osmanu, Dauda

 
9781790346097: CASH TALKS: A Step by Step Guide on Preparing Statement of Cash Flows

Synopsis

CASH TALKS : A Step by Step Guide on Preparing Statement of Cash Flows IAS 7 is authored by an experienced accountant whio holds a degree in B.Com and is also a member of ACCA. It is the second volume of the first one titled ‘’LET THE CASH FLOW:A Step by Step Guide on Preparing Statement of Cash Flows IAS 7’’ earlier published.

This second volume looks at some financial instruments and how they are treated in the Indirect Method of Statement of Cashflow Preparation. Financial instruments such as treasury bills,fixed deposits,loans, bonds and shares(from both investing and financing point of views)are explained ,analysed and illustrated with clear examples for ease of understanding.The steps involved in preparing the statement of cash flows using the indirect method are simply and clearly explained.

Additionally,the book considers how net profit affects capital and cash on hand considering various situations such as cash transactions and credit transactions and how the adjustments to net profit before tax are carried out.In illustrating how account balances impact profit, cash and equity, each element of the statement of profit or loss and the statement of financial position is considered separately and treated as a chapter on its own.The book takes a further look at decreases and increases in different account balances and their treatment in the statement of cash flows using the indirect method. In doing this, the statement of cashflows is first presented with explanations. This is then followed by the statement of profit or loss and the statement of financial position which form the basis for the preparation of the statement of cashflows.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.