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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › cash flow statement
343 Which of the following is not an advantage of the statement of cash flows?
A It highlights the effect of non?cash transactions
B It helps an assessment of the liquidity off a business
C The numbers within it cannot be manipulated through the adoption of beneficial
accounting policies
D It helps users to estimate future cash flows
Answer is A but why? Can you explain, sir?
The whole point of the statement of cash flows is that is summarises cash transactions. It does not show transactions that were not in cash.