IAS 7 : Statement of Cash Flows (Direct Method ) - ACCA , ICAEW, ICAN,CPA,CFA,ICAG

[@ezekielsongs1936]

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[@prosperbello4310]

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[@favourogbonna77]

Good Afternoon Sir..Thank you for your teaching can you do a Video on The accounting concepts of income and value

[@Ezikan]

@favourogbonna77 Noted

[@favourogbonna77]

@@Ezikan I'm having the Exam on Thursdays and I have no Idea about it.Thank you sir...

[@juliusakinola]

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[@margaretoffiono9943]

Thank you for simplifying your teaching,sir. I sincerely appreciate 🙏. This is really helpful

[@Ezikan]

Thank you

[@akinrinolajoshua8077]

God bless you sir...

[@Ezikan]

Amen. Thank you very much

[@Ezikan]

I will record the solution to number 3 of November diet question today on statement of cash flows. I have added the solution to the compulsory question and group cash flows together with work back from ratio analysis

[@Annah_lee]

Thank you Sir, you are a Blessing 🙏

[@Ezikan]

Glory be to God. I appreciate your comment

[@onwechukwuka1833]

Wow Really enjoy this.

[@ogunyemioluwasunmisola1059]

God bless you sir

[@Ezikan]

Amen, thanks

[@modupekehinde4401]

Thanks for the lecture, it helps a lot in preparation for the exams. Your board is big enough pls you don't have to write in the down part making it uneasy for one to see, plus it will not be captured after you are done writing.

[@Ezikan]

Thanks

[@KidsBedtimesstories]

Hi sir please do you do online tutoring I’ve got exams 23rd this month and you explain really well, hope to hear from you soon

[@Ezikan]

Thank you very much. My only online lectures id vis KZbin for now

[@OlajumokeOlorundare]

Thank you sir. Please dont forget the Indirect method sir.

[@Ezikan]

I have video on indirect method. Same question was used as worked example. Check the playlist

[@Ezikan]

kzbin.info/aero/PLvXG5IKPl2zgB4bp08WG42h1SQBwRZeLP&si=mpJ0j2f2gvy0BHQ4 Use this link

[@kgpascals]

Sir please tell me about Dividends received are they also recorded in cash paid to suppliers and employees?

[@Ezikan]

No, it is investing activities but if you are using indirect method, it will be adjusted in operating activities

[@Ezikan]

They are not related

[@marvellousadetola9042]

Sir, for the operating cash expenses, what do I don’t have accruals in my current liabilities? I only have Trade receivables, bank overdraft and tax due. What will serve as my accrual? Since I’ll be using Trade receivable to calculate receipt from customers, bank overdraft to calculate cash and cash equivalent and tax due to calculated tax paid

[@Ezikan]

If you don't have accruals, just eliminate non cash items from your operating expenses. There won't be opening and closing balances

[@mohammedibrahimadamu9940]

Thank you for ❤

[@Ezikan]

You're welcome 😊

[@strangewonders4200]

❤Thanks

[@AmazingLightVincentEjiro]

Sir can you solve a question like this on PSAF Cashflow

[@Ezikan]

You may be given transactions for public sector entities. I have videos for PSAF

[@AmazingLightVincentEjiro]

@@Ezikan can you tag me?

[@Ezikan]

PSAF kzbin.info/aero/PLvXG5IKPl2zhis51UQeq2ZOIIVVhkSn8D&si=GSjM6sqe3Fe2mwKS

[@Ezikan]

@AmazingLightVincentEjiro I have shared the link with you in your previous request

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[@Ezikan]

Thank you very much

[@somakingz]

Please sir, I’m actually confused In adjusting non-cash items included in operating expenses: I thought loss from disposal of PPE has already been eliminated from operating expenses because it is a loss and therefore should be added back In the case of a profit from disposal of PPE, it has already been added to operating expenses because it is a gain and therefore should be eliminated.. But here, you did the opposite, so I’m confused..

[@Ezikan]

It is when using indirect method that it will be added. It has been included in operating expenses, so you remove it from it under direct method.

[@Ezikan]

Your treatment is correct if it indirect method

[@Ezikan]

Go and watch my video on indirect method, the same question is used as worked example

[@somakingz]

alright thank you sir🙏🏽

[@RiyaHassan-m8l]

Thanks

[@Ezikan]

Glory be to God

[@taiwoomoyeni4023]

I ❤ you my guy

[@Ezikan]

Thank you sir.

[@fredthomason1314]

Please sir is interest paid not part of the financing activities

[@Ezikan]

That alternative treatment is acceptable

[@ebubereigns8395]

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[@Ezikan]

God bless you. I appreciate your comment

[@strangewonders4200]

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[@ettamanyithomas6722]

I'm Ettamanyi Thomas from Cameroon . I'm an accounting teacher sir how can I get your contact

[@Ezikan]

[phone]

[@ettamanyithomas6722]

​@@EzikanThanks sir You are a born teacher

[@taiwoomoyeni4023]

Where is your office & contact

[@Ezikan]

Akure 08062479843

[@taiwoomoyeni4023]

Thank you. Have you treated the direct method of presenting Cashflow Statement.- reference, pleasr

[@Ezikan]

@taiwoomoyeni4023 Yes, get my playlist on FR. It will help you in getting all the FR videos in on place

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[@Ezikan]

Thwnks

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[@Ezikan]

Thanks for your comment