Why might users prefer the direct method of preparing a statement of cash flows to the indirect

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Why might users prefer the direct method of preparing a statement of cash flows to the indirect method? Which method is more commonly used? Why?

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Core Concepts of Accounting

ISBN: 978-0470499474

2nd edition

Authors: Cecily A. Raiborn

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Question Posted: Mar 27, 2015 06:45 AM

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Why might users prefer the direct method of preparing a statement of cash flows to the indirect

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Users might prefer the direct method because it discloses the spe...View the full answer

Core Concepts of Accounting

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