10.1504/GBER.2007.015100">
 

Title

Using fundamental analysis of financial information to explain unexpected market behaviour

Document Type

Article

Publication Date

2007

Department

Accounting and Finance

Abstract

In this article, the authors provide an instructional resource for presenting the indirect method of the statement of cash flows (SCF) in an introductory financial accounting course. The authors focus primarily on presenting a comprehensive example that illustrates the "why" of SCF preparation and show how journal entries and T-accounts can be used in the analysis of the impact on net income and/or cash for each transaction in their example. This approach can be viewed as an alternative to the methods illustrated in the accounting education literature and commonly used financial accounting textbooks. [PUBLICATION ABSTRACT]