Depending on the nature of the cash flows, they are classified as originating from financing or investing activities while the difference between changes in cash and cash flows from both activities is classified as operating flows.

The IAS require that in case of material differences between changes in balance sheet items (e.g. short-term liabilities) and changes in the same items disclosed in the cash flow statement, the reasons need to be clarified in the notes to the financial statements.

Find out more: http://24ivalue.com/pages/elearning/book/3/page/3/


Note that: thanks to 24iValue frequent external and internal consultations on complex accounting issues will become redundant. If these consultations involve costs for your company, it is certainly good to use 24iValue reduce them.

Our system can reduce training costs because it leads you by the hand through the entire process of calculations, so that they can be done even by someone who knows nothing about the specialized finance or accounting issue. Some training becomes superfluous at this point.

Hourly rates of consultants range from several hundred to several thousand of GBP, and therefore when you work with 24iValue you can save a lot of money. 

There is no such other support as offered by 24iValue at such an attractive price. 

Some of the tasks outsourced to external consultants can be performed with 24iValue and thus you will reduce the costs of accounting and tax consulting.

Regards,
Slawomir Ekman
24iValue

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