- This topic has 3 replies, 2 voices, and was last updated 12 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
I’ve been taught how to do a cash flow statement in accordance with IAS7, but I need to do the UK paper.
Can I do the statement in the same format as IAS7, and just start with operating profit, or do I need to do it in the format I see on past exam answers?
I imagine that you should do it in accordance with what you see on past exam papers! Sorry 🙁
Thanks for the reply. It would seem I do need to present the cash flow in accordance with FRS1 which means I need eight headings instead of three.
It’s strange how the BPP and Kaplan study texts have miss this out!
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.