Examine the cash flow statements provided by Stantec Inc. as shown in Exhibit 5.2. Stantec provides calculations

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Examine the cash flow statements provided by Stantec Inc. as shown in Exhibit 5.2. Stantec provides calculations of CFO using both the direct and indirect methods. How do the two cash flow statements differ? What information does each statement provide that the other doesn’t? Which do you think provides more useful information to stakeholders?

Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...
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