We are doing Cash flow today - I havent been able to save the lecture slides onto a memory stick for some reason - so will use some lecture notes I have used for Leeds business school.
We will wirk through an example together today and then do one out of the book
What you need to remember is that the CF is not prepared in accordance with the accruals concept and is on a CASH basis- the format follows IAS 7 and shows stakeholders where cash has come from during the year from different parts of the business.
https://netstorage.leedsmet.ac.uk/oneNet/NetStorage/DriveP%40PERSONAL/Lecturing%20materials/Semester%201/Managing%20Financial%20Resources/Lectures/lecture%204.ppt#3
See you in class!
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