AccountingWEB.co.uk guide to cashflow statements
Under IFRS for SMEs it will be mandatory to produce a statement of cashflows. Steve Collings explains the process.
When IFRS for SMEs is introduced in the UK, the statement of cashflows will become a mandatory financial statement for those entities that fall within its scope. In many cases accounts production software programmes will be able to produce the statement, albeit with some input from the preparer. For accountants who do not use accounts production software, it will be a case of manually preparing the statement of cashflows.
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i used to like doing source and application of funds with minori
sad i know but i also liked doing deferred tax recs and i cant do those now either
completely unintelligible to the lay reader
is it here we go again