Understanding Financial Statements, Cash Flows and Taxes

Critical Thinking: Understanding Financial Statements, Cash Flows and Taxes (100 Points)

Complete the following problems:

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  • Problem 2-1: Preparing Financial Statements
  • Problem 2-2: Preparing the Statement of Cash Flows

You can access the problem details by clicking on Understanding Financial Statements, Cash Flows and Taxes in your course.

Complete the problems in an Excel spreadsheet. Be sure to show all your work on the Excel spreadsheet to receive credit; no hard keys.

Required:

Chapter 3 in Foundations of Finance – Understanding Financial Statements and Cash Flows

Fuad, F., Juliarto, A., & Harto, P. (2019). Does IFRS convergence really increase accounting qualities? Emerging market evidence. Journal of Economics, Finance & Administrative Science, 205-220.

Akisk, O., Gal, G., & Mangaliso, M. (2020, December). IFRS, FDI, economic growth and human development: The experience of Anglophone and Francophone African countries. Emerging Markets review, 45. https://doi.org/10.1016/j.ememar.2020.100725

Recommended:

Chapter 3 PowerPoint slide Click for more options SEU_FIN500_PPT_Mod02_Ch03.pptx – Alternative Formats s in Foundations of Finance – Understanding Financial Statements and Cash Flows

Haider, M., Aamir, M., & Khan, M. T. (2019). International Financial Reporting Standards, Accounting. Global Social Sciences Review, 284-295. http://dx.doi.org/10.31703/gssr.2019(IV-III).26

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