The IASB encourages the use of the direct method over the indirect method for the presentation of the statement of cash flows.

Name: The IASB encourages the use of the direct method over the indirect method for the presentation of the statement of cash flows.
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The IASB (International Accounting Standards Board) encourages the use of the direct method for presenting cash flows from operating activities because it provides more useful information to users of financial statements.

The IASB Encourages the Use of the Direct Method Over