A clear explanation of the use and purpose of the Statement of Cash Flows

A clear explanation of the use and purpose of the Statement of Cash Flows (5 marks)
A clear explanation of the objective and purpose of International Accounting Standard 7 (IAS
7) Statement of Cash Flows (10 marks)
A clear explanation of the key term cash and cash equivalents (10 marks)
A clear explanation of the key terms Operating Activities, Investing Activities and Financing
Activities as defined by IAS 7 (15 marks)
Evaluate the use and purpose of the Statement of Cash Flows (10 marks)
State clearly whether you believe it would benefit Thorne Ltd to start preparing the
Statement of Cash Flows as a part of their annual final accounts. You must clearly justify your answerClick Here For More Details on How to Work on this Paper......

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