Question: 1.Cash flow statement: Direct method sheet: You are required to prepare a template (excel) of how a complete cash flow statement will look based on

1.Cash flow statement: Direct method sheet: You are required to prepare a template (excel) of how a complete cash flow statement will look based on the direct method. List at least 2 advantages and 2 disadvantages of using the direct method when it comes to cash flow statements.

2.Cash flow statement: Indirect method sheet: You are required to prepare a template (excel) of how a complete cash flow statement will look based on the indirect method. List at least 2 advantages and 2 disadvantages of using the indirect method when it comes to cash flow statements.

3.Cash flow statement: Conclusion Direct vs Indirect You are required to summarise what the differences are between the direct method vs the indirect method.(excel) Clearly state your conclusion: Is there a difference in the amounts calculated between the two methods?

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