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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Cashflow
In indirect method, we do adjustment of working capital.
Change in Current asset and Change in Current liabilities.
Do these include prepaids and accrued expenses? Or these only include Inventory, receivable and payables?
Prepayments and accruals are included in current assets and current liabilities.
Thank you tutor.
You are welcome.
