Ch 7: Cash Flow Statements: Direct & Indirect

About This Chapter

Take a look at this convenient accounting chapter to review the basics of direct and indirect cash flow statements. These simple lessons and self-assessments can help you get ready for an exam, get ahead in a class or simply boost your accounting knowledge.

Cash Flow Statements: Direct & Indirect - Chapter Summary

In this accounting chapter, our expert instructors compare indirect and direct cash flow statements. You can also review how to prepare and format a cash flow statement. You can work through the chapter at your own pace using any device that has an Internet connection. The chapter also comes with printable transcripts and interactive self-assessment quizzes. If you have any questions, our instructors will be happy to assist you. When you're finished with the chapter, you should be able to:

  • Recognize the proper statement and purpose of cash flows format
  • Define the concept of cash flow
  • Identify sources that are needed for cash flow statement preparation
  • Prepare cash flow statements using the direct and indirect methods

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