Which is a Better Method for Reporting Cash Flows from Operating Activities-Direct or Indirect Method?
Dumisani Rumbidzai Muzira · Asian Journal of Economics, Business and Accounting · 2020
This paper is a response to the ongoing debate in the accounting profession on whether the direct method is better than the indirect method when reporting cash flows from operating activities. The debate has its roots from the standard setters who prefer the direct method and are...