Cash flow statement Direct Method

i dont think you should, direct method is too tedious in real life, i dont think the examiner would want to test students on the Direct method, however the indirect method is sure to come out Dec 2015 :) my bet :0

Thank you Francois for your input, ill-advised though it may be! Teeboyz, the only time that direct method has been asked at either F7 or P2 level was a wordy 5 mark question .... "If benchmark is the direct method, why do most companies use the indirect method?" It is HUGELY IMPROBABLE that you're going to face a direct method cash flow question As for the chances of a cash flow question in the exam next week ...... it's a possibility but I can't see it as a probability

@Mike Okay..I will take your advice @Francois No, i don't rely on predict or forecasting ....i'll just do well in 3 , balance sheet, p/l , cash flow ..to get more comfy security ..Just wondering if i could ignore direct method Thanks both of you

You're welcome