IAS 7 Statement of Cash Flows (Indirect Method) Financial Reporting, ACCA F7, ICAN, ICAG,ICAEW,CPA

[@Bentikay]

I cannot hide the fact that, your KZbin lectures really help me in the last Exam. I downloaded almost all the videos on FR and PM which I use with Omolehinwa and teach yourself Financial Reporting. I used your videos to start all the topics before using Text books to read further. I passed the 2 subjects. Thank you for not deleting the lectures🎉❤🎉❤

[@Ezikan]

All glory be to God. Congratulations.I am happy for you. More of God's grace

[@lindalikita4798]

I have been waiting for your lecture on Indirect method. This is very helpful sir. God bless and expand your knowledge.

[@Ezikan]

Amen

[@IbrahimAlkali-by1nh]

Good day sir, I appreciate your dexterity in finance and accounting generally, I revered your expertise

[@Ezikan]

Thank you

[@olusinassokunbi5593]

Thank you once again sir for your knowledge transfer, Kudos to you

[@Ezikan]

Thank you

[@strangewonders4200]

Good bless you Sir

[@Ezikan]

Amen

[@okpesunday1374]

Thanks you sir for this lecture. God bless you. Please help me with the question material or please tell me where to find it

[@Ezikan]

It is from ACCA study text by KAPLAN.

[@okpesunday1374]

Thank you sir

[@olugbengaadeyemi5830]

❤❤❤❤

[@Ezikan]

Thanks

[@sitonimabong524]

Thank you

[@Ezikan]

I appreciate

[@OreoluwaAdebowale]

Please where was the question gotten from

[@Ezikan]

Kaplan ACCA study text

[@prosperbello4310]

Sir in ur solution,while solving operating activities,u added finance cost and subtracted interest paid later..I didn't get it sir Also,is finance cost and interest paid not similar,if yes,why should both appeared under operating activities?

[@Ezikan]

Finance cost follows the accrual basis i.e interest due both not yet paid may be included in finance cost.while interest paid follows cash basis.Under indirect method, you want to cover profit under accrual based principle to cash and that is while Finance cost/ interest expense should be added.

[@prosperbello4310]

​@@Ezikanok .I just knew that now for the first time ....Thank u sir .

[@prosperbello4310]

​@@Ezikanok .I just knew that now for the first time ....Thank u sir .