We’ve now updated the notes, so hopefully any small mistakes have been corrected. Please let us know if they haven’t, it isn’t easy giving all of this free material with a very small team.
hi, can you please explain why we ignored the last item in our example,cash? since its a statement of cash flow.And how do you treat bank overdrafts in a cash flow statement.
Overdrafts are treated as a negative cash balance. You can see the treatment in the first example in the chapter, entitled ‘cash and cash equivalents’.
jenyailyush says
Thank you. I like the humour – makes the lecture sound more interesting.
Avi1989 says
Just a small THANK YOU from me for these amazing videos, they have been very helpful to me in understanding the concept in detail.
P2-D2 says
Thank you! It’s lovely to receive such kind comments appreciating the work that we do. Best of luck with the rest of the syllabus.
zukmateusz says
dont look at notes answers. there are mistakes
P2-D2 says
Hi,
We’ve now updated the notes, so hopefully any small mistakes have been corrected. Please let us know if they haven’t, it isn’t easy giving all of this free material with a very small team.
Thanks
daniel says
hi,
can you please explain why we ignored the last item in our example,cash? since its a statement of cash flow.And how do you treat bank overdrafts in a cash flow statement.
P2-D2 says
Hi,
Overdrafts are treated as a negative cash balance. You can see the treatment in the first example in the chapter, entitled ‘cash and cash equivalents’.
Thanks