IMPROVING CASH FLOW STATEMENT ON THE BASIS OF INTERNATIONAL STANDARDS

Аннотация

This article describes how to prepare a cash flow statement using the direct method based on International Financial Reporting Standards. In our country, only the direct method is used in the preparation of cash flow statements, so the introduction of the direct method by us willhelp to increase investorconfidence in financial statements. Keywords: cash, cash equivalents, cash flow statement, direct method, operating activity, investment activity, financial activity, financial statement, receipts from customers, payments to suppliers forgoods and services, payments toemployees, profit tax payments.