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Category > Accounting Posted 15 Apr 2020 My Price 7.00

ACC 305 Week 8 Discussion IFRS and Preparing a Statement of Cash Flows

"IFRS and Preparing a Statement of Cash Flows"

· Evaluate two (2) major differences between GAAP and IFRS with respect to the statement of cash flows. Give your opinion on which method you prefer. Provide a rationale for your response.

· Imagine you are the senior accountant at your organization and management is unsure of the difference between the indirect method and the direct method of preparing a statement of cash flows. Outline a brief memo to management differentiating between the direct method and indirect method. Advise management on which method the company should use to prepare the statement of cash flows. Provide at least two (2) specific examples on why the method you selected would be beneficial to the company.   

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SmartExpert
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Status NEW Posted 15 Apr 2020 09:04 AM My Price 7.00

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file 1586943876-ACC 305 Week 8 Discussion IFRS and Preparing a Statement of Cash Flows.docx preview (707 words )
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