Notesale: Turn your study into money

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Statement of cash flows - introduction - ACCA Financial Reporting (FR)
OpenTuition
The likelihood of having to prepare a statement of cash flows is minimal
but that doesn't mean to say it won't be examined
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You just need to have that basic financial accounting knowledge and
if you have that then you can apply it in your financial reporting
example
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And I think that's gon na be the
starting point if ever you have to go through and do the question okay
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We reconcile the profits of a cash frigga
with regards to your daytoday cash expenses that you have within the
business
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The Sonne company manufactures and sells solar panels
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The profit or loss on disposal is a noncash item and is just
the difference between the proceeds and the carrying value
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The new bit that you have is your deferred tax liability
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The Sonne company
calculates the profit or loss on disposal by taking the proceeds and
subtracting the carrying value of the assets
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Your shares are worth $10,000, and you have $8,000 in cash
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So your total
liabilities are $12,000
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