Do you think that the indirect method of reporting cash flows from operations should be eliminated, allowing

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Do you think that the indirect method of reporting cash flows from operations should be eliminated, allowing only the direct method in the SCFs? Discuss.

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1412991698

8th edition

Authors: Harry Wolk, James Dodd, John Rozycki

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Question Posted: Feb 12, 2016 06:27 AM

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Do you think that the indirect method of reporting cash flows from operations should be eliminated, allowing

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The present system should probably be eliminated There really is no choice since if the direct metho...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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