[Anonymous]

Has anyone developed a good mnemonic for the Statement of Cash Flows? I know SCF is easy, but it’s always plagued me. I get indirect and direct confused when I’m given more information than necessary. Any help is appreciated.

In the meantime: I study FAR before I study FAR, and then I study FAR some more.

[Iggy1985]

I don't care if people think it's easy, I never remember direct method haha, although trusty T accounts help.

practice practice practice :/

FAR - 89 (8/19/14) Wiley TB, Wiley Book, Books from School, Ninja Audio/Notes
AUD - 92 (10/14/14) Wiley TB, Wiley Book, Ninja Audio
BEC - 82 (5/8/15) Mostly Ninja MCQ, sprinkles of Becker lectures and Ninja Audio
REG - (8/14/15)

[Anonymous]

Ya i know. Its really just the operating section that plagues me, direct vs. indirect.. I guess there is no way around it other than just to practice. When I posted this I had just done a Becker SIM on the SCF and they have a sale of a trading security in the operating section, because it was classified as current. Its little things like that, that tend to mess with me on SCF

[Author]

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