Statement of Cash Flows | IAS 7 | Indirect Method | Commerce Specialist | Cash Flow Statement |

This video from Commerce Specialist is a Tutorial Video / Lecture Video which explains the main provisions of IAS 7 Statement of Cash Flows. This video explains in detail the steps involved in preparing a Cash Flow Statement.
Detailed explanation is given to explain What is a statement of Cash flows, how to prepare statement of Cash flow, why do we prepare statement of cash flow, IAS 7 main provisions, International Accounting Standard 7, how to calculate Cash Flow from Operating Activities, Cash Flow from Financing Activities and Cash Flow from Investing Activities, Net Cash Flow, Cash and Cash Equivalents, Opening Balance of Cash, Closing balance of Cash and cash equivalents, how to check if the cash flow statement is correct. Use of cash flow statements for business decision making.
Example is also given regarding how to prepare Statement of Cash Flow using Indirect method, what are Cash Flows, Cash inflows, Cash Outflows.
This tutorial/lecture video is very relevant and useful for students of I. Com, B. Com, O Levels, A Levels, CA, ACCA, CMA, CIMA, CIA and CPA as it covers the learning outcomes of their syllabus.
About:
Commerce Specialist is a Certified Management Accountant (CMA) from USA, holds a Bachelors in Accounting, B.Ed., an MBA in Finance, Certificate in International Audit from ACCA-UK, a Professional Certificate from ICMAP along with over 20 years’ experience of working in MNCs including Banks, NBFIs and top business schools, colleges and universities.
My website link: www.comparativeedge.com
Link of my previous videos:
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Link for video on IAS 16 PPE: • IAS 16 PPE | Property,...
Link for video on Inventory Valuation |Systems & Methods: • Stock Valuation System...
Link for video on Break Even Analysis • Break-Even Analysis | ...
Viewers and students can contact me on [e-mail] or email me at [e-mail] or WhatsApp me on [phone].
#statementofcashflows #cashflowstatement #operatingactivities #ias7

[@yakubumukhtar4813]

Meeting you is God answered to my prayer. thank you

[@martinlutherekwange196]

this has made me pass my advanced accounting paper. thanks and may the almighty bless you double double. Uganda

[@CommerceSpecialist]

Glad to know dear. Congratz, thx

[@martinlutherekwange196]

@@CommerceSpecialist PLEASE MAY YOU SEND FOR ME VIDEOS OF TOPICS LIKE MANUFACTURING A/C , PARTNERSHIP A/C, AND NON PROFIT ORGANISATION ACCOUNTING. THANKS MUCH

[@basharessam8185]

Clear and wonderful explanation, thank you very much sir

[@manuemmanuelatta2472]

GOD BLESS U SIR, UR TUTORIALS ARE EXCELLENT

[@MikeGoodwinBanda]

this video has really helped me, i really have difficulties in cash flows

[@CommerceSpecialist]

Thanks

[@shaad7913]

Thank you sir for explaining cash flow. Your effort in the teaching field is greatly appreciated!

[@CommerceSpecialist]

Thanks fir ur kind words.

[@nthabelengtaioe]

This very well explained and presented. Thank you

[@prabirkumerroy]

I am pursuing CA from Bangaladesh, and stuck on a level for a long days, but after watching all your VDOs, I immediately cleared that level exam specially a guideline VDO inspired me a most...now you become by regular mentor to qualify the rest of level...Thanks sir🙏

[@CommerceSpecialist]

All the best dear

[@fatimaal-lawatia7379]

Thank you for the video, greate explaining and very clear.

[@samaralbalushi7775]

Thank you sir, everything is clear and understandable

[@solomonzike9330]

This is a very lucid step by step explanation. Tks.

[@renatasantos7369]

I was so confused about it. But now OMG you are such an amazing teacher. Thank you for sharing it with all

[@CommerceSpecialist]

Thx dear🙏👍

[@jamilaalbusaidi7453]

Thank you sir, everything is clear

[@mtamgt]

You make my confusion very clear. Thanks! Increasing Current Asset means cash is not yet received and decreasing Current Liability means cash is paid out so that both leads reduction of cash balance. On the contrary, decreasing Current Asset means cash is received and increasing Current Liability means cash is not paid out in which cases both results in increment of cash balance. Therefore, in the first case the effect is the difference is subtracted from the profit before tax and in the second case the difference is added back to the profit before tax amount.

[@CommerceSpecialist]

You are welcome

[@CommerceSpecialist]

My pleasure

[@sureshn404]

Very easily understanding sir .thank god

[@rhinah3086]

thanks a lot for your lesson . helps also with direct method of cash flow statement

[@aseelaalmahrooqi5745]

Well explained thank you!

[@poungajoshua6459]

Thanks very much for your effort in making us know .uch about cash flow preparation, this has been one of the challanging topic to me but now i can atleast go my ways

[@eng.nicholaslumanyika9975]

Great video! Many thanks for sharing, you have made my MBA easy!!!

[@CommerceSpecialist]

Thanks.

[@GlenWilliams-jf6lr]

Absolutely awesome.

[@CommerceSpecialist]

Thanks a lot dear

[@ktthoa1303]

Thank you so much. It's very helpful for me. Hope that, you will have more lession about how to prepare FS as well as analyst them. Thank you

[@user-nh9ij9gq6j]

You're making difficult problems become easy. Thank you

[@CommerceSpecialist]

@@user-nh9ij9gq6j 🙏👍😊

[@samanthamwale4641]

I believe going through over and over, this will help me. Wonderful explanation

[@CommerceSpecialist]

Thanks

[@marynassuuna7474]

You're such a great teacher. This is helpful, thanks so much.

[@CommerceSpecialist]

Thanks for your appreciation. Tc

[@tonneygirl]

Thank you sir, Really appreciate the way you taught and how you presented them using T-Accounts.

[@CommerceSpecialist]

Thanks a lot dear

[@mustafakafina4148]

THANK YOU SIR, ALL CLEAR

[@shahedimran3952]

Nice. Thanks

[@ellymilimo8366]

Best teacher in the world,I have just understand the cash flow statement preparation through your tutorial God bless you

[@CommerceSpecialist]

Thanks a lot dear.

[@omojejeaiyemowa5]

Welldone. Nice delivery

[@mahamquraishi4439]

Thanks Sir for the video

[@abbu8234]

good work sir

[@anthonyamoako1202]

Thanks very much great teacher, really helpful

[@rameshrajappan5285]

Very nice way explanation,great sir

[@Aridunnuinfo]

This is awesome

[@elajahan244]

I saw your most of the video and it was very helpful for my CA exam. Thank you so much sir for making such kind of video for us .

[@CommerceSpecialist]

You are always welcome, thats what keeps me going. All the best. Tc

[@user-rs2um6il6f]

Oh my god. the method of teaching is amazing sir. It is very grateful us to have a teacher like you .I was so confused with cash flow before i watched your video. Now i am so cleared with this. God bless you SIR.

[@CommerceSpecialist]

🙏👍😊

[@peacealoyo5077]

Thanks alot ,you are a great teacher.Finally understood statement of cash flows

[@CommerceSpecialist]

Thx dear

[@rhinah3086]

God bless you sir .i have really enjoyed and learned a lot in your lesson. keep it up sir

[@CommerceSpecialist]

Thx dear

[@raghav7930]

Very Well Explained.

[@rafique877]

Well explained sir👏🏻

[@esmatullahsaadat9537]

The way that you teach is easy to understand, thank you for your comprehensive and clearly explanation of the lessons. APPRECIATED

[@CommerceSpecialist]

Thanks a lot my dear🙏👍

[@kapsy7382]

You're an excellent teacher!! Thank you!

[@CommerceSpecialist]

Thx

[@mosesnjobo1651]

Thank you very much sir. Well explained

[@jenniferlai3870]

Very detailed... Great and clear... Thank YOU

[@CommerceSpecialist]

You are welcome dear

[@darealsamhaggai712]

Thanks sir for the great work u are doing, u really made me to understand , Give us more adjusted examples. Much love from Uganda.

[@CommerceSpecialist]

Your welcome my dear. Thx

[@kevinhalim6042]

Can't appreciate this enough, accounting exam in a week. Really needed this! :)

[@CommerceSpecialist]

All the best dear, thx.

[@kevinhalim6042]

@@CommerceSpecialist can you do a video on preparing income statements using variable costing (highlighting contribution) and absorption costing showing gross profit? Also, with given trial balance and additional notes, a statement of profit or loss, statement of financial position and seperate statement of changes in equity.

[@kevinhalim6042]

it would be greatly appreciated. :)

[@lakshmibg7512]

Thanking you for. Explaining c f s

[@ahmedmaher6176]

it's truly insightful. Thank You

[@CommerceSpecialist]

Thanks Ahmed

[@rezawanulhaq7080]

Excellent, sir

[@CommerceSpecialist]

Thx dear

[@shinenarayan]

Thank you !

[@dheerajupadhyay2649]

Thank You sir! You make IFRS really easy. More Power to you.

[@CommerceSpecialist]

Thanks Dheeraj

[@SolomonKmoi]

Thanks you have assisted me in deed my God bless you,,,,

[@CommerceSpecialist]

Ur welcome dear😊👍🙏

[@acholajoan93]

Best explanation ive received so far...thank you

[@CommerceSpecialist]

You are welcome dear. Thx

[@mahmoudzeidan9868]

Thanks a lot for your effort. It’s very useful.

[@CommerceSpecialist]

Ur welcome dear🙏👍

[@ogunyemitope7945]

Many thanks for this video. very explanatory

[@CommerceSpecialist]

You are welcome dear

[@Akatendekajonell]

Clearly explained, thank you.

[@CommerceSpecialist]

You are welcome dear

[@chikumbikabwe63]

Very helpful. Well explained Indeed. Thank you very much

[@CommerceSpecialist]

Thx dear

[@egumaalex8634]

Very elaborate lecture

[@CommerceSpecialist]

Thx

[@user-ei7ot4dt4x]

I appreciate you for this sir I have understood

[@CommerceSpecialist]

Thanks🙏👍

[@simonbwali5575]

well explained,,,thank you

[@CommerceSpecialist]

Ur welcome🙏👍

[@SanjaySakote]

Never ever heard explanations like this, superb Thank you

[@CommerceSpecialist]

Thanks sanjay🙏👍😊

[@valrierosemond8485]

I really appreciate this vedio it really help me with my studies

[@CommerceSpecialist]

Thx Valrie

[@lelomodiba7069]

Thank you so much for this lecture,very very helpful.

[@CommerceSpecialist]

Thanks dear

[@hikMAt.wali2]

thank you

[@pakistaninternational.9855]

Thanks a lot for very important video.

[@CommerceSpecialist]

Ur welcome dear

[@salmanhuda3169]

Thanks Sir you are clearly define.

[@CommerceSpecialist]

Thx dear

[@stanleymugwagwa1636]

very helpful, thank you!!

[@CommerceSpecialist]

Ur welcome dear🙏👍

[@renjithjayaram7345]

Thanks for d videos, much appreciate if you upload a video for cash flow Analysis, & fund flow

[@user-sv4mq1oj7v]

your explanation is very clear , thank you sooooo much

[@CommerceSpecialist]

😊🙏👍

[@D_Versatile_Jide]

Thanks for your efforts, Sir. Please, I would like to know how to treat a decrease in depreciation, if any. Thanks for your anticipated response.

[@sumidevi8684]

Thank you so much sir It’s really very much helpful for me to study cash flow statement 🙏

[@CommerceSpecialist]

Ur welcome sumi

[@rissasyallymfaume5522]

Thanks you are the Best Lecturer

[@CommerceSpecialist]

👍🙏😊

[@anesuemmanuel5068]

Thank you professor

[@CommerceSpecialist]

🙏😊👍

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Thanks you Sir, your explanation is really so understandable and very helpful

[@CommerceSpecialist]

You are welcome dear

[@jenniferlai3870]

Very good lecture

[@CommerceSpecialist]

Thanks Jennifer

[@atugonzafuredi2036]

Much love

[@CommerceSpecialist]

Thx dear

[@hajratoor7843]

Well Explained Shukria!

[@CommerceSpecialist]

You are welcome.

[@indrasammy9959]

Best explanation ever, thank u so much

[@CommerceSpecialist]

Thx

[@esthernjeri7195]

Thanks for the video 🤗

[@CommerceSpecialist]

You are always welcome dear

[@goodenoughmsawenkosidlamuk1458]

you make accounting very easy

[@CommerceSpecialist]

Thx my dear🙏👍😊

[@joydev2196]

excellent

[@CommerceSpecialist]

Thx dear

[@ankitacharya5307]

thank you sir

[@CommerceSpecialist]

You are welcome dear

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YOU ARE GOOD SIR.....

[@CommerceSpecialist]

Thx Israel

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Thank you Sir

[@CommerceSpecialist]

🙏👍

[@athulktr3832]

cover all areas thank you

[@khaliamiller-campbell5169]

As a former teacher myself, this was an excellent presentation!!

[@CommerceSpecialist]

Thx dear

[@nangobishamirah9894]

wow thank you very much sir i dont think i will fail cash flow again😍

[@CommerceSpecialist]

Good Luck🙏👍

[@nataliembadi1033]

This was so good and helpful. Wow. Thank you for your precious time.

[@CommerceSpecialist]

You are welcome.

[@khainghtetmyint7801]

Thank you for your explaining .But I have confused with provision for tax and provision for dividend to add or subtract . Please kindly give me an example about that.

[@AdamuBig21]

Happy Teachers Day. You are the best 🙏🏽🙏🏽🙏🏽

[@CommerceSpecialist]

Thanks a lot dear.🙂

[@CommerceSpecialist]

Dear Candidate Please join my exclusive group for dedicated classes on ACCA and CMA. Choose PLATINUM MEMBERSHIP for maximum benefits and membership rewards. Link is below patreon.com/commercespecialist

[@okitoibernard2294]

Thanks sir. Sir what do you do when opening cash at hand is given ie 2017 4,300 but nil is given in 2018. 2018 has a bank overdraftof 16,200. All this information is given from the statement of financial position

[@SureshBabu-fr4qn]

Excellent and simple way of teaching. But would you please add one more video of cash flow with many adjustments that you taught here separately such as depreciation.

[@CommerceSpecialist]

Sure, thx

[@madelights3344]

Sir Please make videos relating to ACCA F3. Your way of teaching is very Clear to Understand

[@CommerceSpecialist]

There are many on my channel

[@madelights3344]

OK Sir

[@i.5mviews923]

thank you sir , a load confusion decreased ,and confidence debited

[@CommerceSpecialist]

Ha ha ha😂👍🙏

[@makandesteventutorials]

Thank you sir. How do we treat interim dividends if given in the question

[@CommerceSpecialist]

Same treatment

[@augustineaboateng9707]

Thanks so much for the video. My question is what would have been the treatment for an item like investment income?

[@CommerceSpecialist]

If its in cash thn an inflow in investing activities

[@jayaraj.r3696]

Sir could you make video about ias lease and financial instrument

[@mathews4265]

Thank you ! Excellent Video! Could you also please make videos on IFRS 15 & 16? Thanks

[@CommerceSpecialist]

Sure, its in queue

[@mathews4265]

Hello Sir, Well explained! Could you please make a video on Free Cash flow? Thanks

[@CommerceSpecialist]

Thanks Mathew, sure

[@solomonadekunle2829]

Excellent! This has really helped me. Thank you so much,God bless you in Jesus' name.

[@CommerceSpecialist]

Thx buddy