Chapter13 - Topics Chapter 13 Statement of Cash Flows Acct...

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1 1 Chapter 13 Statement of Cash Flows Acct 2301 Fall 09 2 Topics Components of Cash Flow Statement Preparing Cash Flow Statement Direct Method Indirect Method 3 Components of Cash Flows Statement of Cash Flows measures the changes in cash and cash equivalents reconciles the beginning and ending balance in cash It consists of three sections: Operating Activities Investing Activities Financing Activities 4 Cash Flows from Operating Activities Cash inflows and outflows that are directly related to sales from normal operations. Technically, FASB defines operating activities as those that are not investing or financing activities.
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2 5 Cash Flows from Operating Activities Inflows include Receipts from customers Interest on receivables Dividends received Outflows include Payments to suppliers Salary (wage) payments to employees Interest paid on liabilities Income taxes paid 6 Cash inflows and outflows that are related to the purchase and sale of productive assets
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This note was uploaded on 02/10/2012 for the course ACCT 2301 taught by Professor Li during the Fall '09 term at University of Central Florida.

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Chapter13 - Topics Chapter 13 Statement of Cash Flows Acct...

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