Indirect method: Difference between revisions
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The indirect method is more widely used in external financial reporting. | The indirect method is more widely used in external financial reporting. | ||
== See also == | == See also == | ||
Revision as of 14:53, 6 May 2016
In relation to a Cashflow statement, starting with a reported profit/(loss) figure and then adjusting it to calculate the net cash movement.
(The alternative Direct method shows all categories of receipts and payments explicitly.)
The indirect method is more widely used in external financial reporting.
