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.

Link of my previous videos:

#statementofcashflows #cashflowstatement #operatingactivities #ias7

[yakubumukhtar]

Meeting you is God answered to my prayer. thank you

[martinlutherekwange]

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

[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🙏

[basharessam]

Clear and wonderful explanation, thank you very much sir

[shaad]

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

[solomonzike]

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

[nthabelengtaioe]

This very well explained and presented. Thank you

[fatimaal-lawatia]

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

[manuemmanuelatta]

GOD BLESS U SIR, UR TUTORIALS ARE EXCELLENT

[renatasantos]

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

[rhinah]

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

[samaralbalushi]

Thank you sir, everything is clear and understandable

[poungajoshua]

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

[ellymilimo]

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

[elajahan]

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 .

[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.

[eng.nicholaslumanyika]

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

[samanthamwale]

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

[MikeGoodwinBanda]

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

[sureshn]

Very easily understanding sir .thank god