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Difference between indirect and direct cash flow statement

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Reference no: EM132920941

Primary Response: Within the Discussion Board area, write 200-250 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

For this Discussion Board, please complete the following:

Discuss the interrelationship of the cash flow statement to the other financial statements including an explanation of operating activities, investing activities, and financing activities.

What is the difference between an indirect and a direct cash flow statement? Which follows GAAP?

Reference no: EM132920941

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