ATARMAxxing · WACE Accounting and Finance revision notes
Statement of cash flows (AASB 107, direct method) and interpreting cash movements
Recording, processing and communicating financial information
What this note covers
- Purpose, benefits and cash and cash equivalents under AASB 107
- Structure: operating, investing and financing activities
- Operating activities under the direct method
- Investing activities
- Financing activities
- Bringing the three sections together
- Interpreting cash flow movements
- How this topic is examined and what separates a top response
8 sections · 10 key terms & formulas · 6 common mistakes
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