{"id":6800,"date":"2021-10-10T20:03:16","date_gmt":"2021-10-10T20:03:16","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/indirect-method-vs-direct-method-and-horizontal-vs-vertical\/"},"modified":"2021-10-10T20:03:16","modified_gmt":"2021-10-10T20:03:16","slug":"indirect-method-vs-direct-method-and-horizontal-vs-vertical","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/indirect-method-vs-direct-method-and-horizontal-vs-vertical\/","title":{"rendered":"Indirect method vs. direct method and horizontal vs. vertical"},"content":{"rendered":"<div>\n<p><strong>Week 6 Discussions and Required Resources<\/strong><\/p>\n<p><strong>Part 1 and Part 2 must be at least 200 words<\/strong><\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p><strong>Part 1: Indirect Method vs. Direct Method<\/strong><\/p>\n<p>Financial statement preparers have two choices in preparing the statement of cash flows: the indirect method and the direct method. The indirect method is used extensively in practice even though the F.A.S.B. has expressed a preference for the direct method. Discuss the similarities and differences between the direct and indirect methods, and the advantages of using each method.\u00a0<\/p>\n<p>Your answer should illustrate understanding of the cash flow statement. A minimum of 100 to 200 words is required for your answer.\u00a0<\/p>\n<p><strong>Part 2: Horizontal vs. Vertical Analysis<\/strong> \u00a0<\/p>\n<p>Discuss the horizontal and \u00a0\u00a0vertical analysis of a financial statement, and how each is used to help \u00a0\u00a0financial statement users make better decisions. \u00a0Also, explain the \u00a0\u00a0liquidity, solvency, and profitability ratios introduced throughout the text. \u00a0\u00a0Describe how the ratios are used in analyzing a firm\u2019s liquidity, solvency, \u00a0\u00a0and profitability. Your answer should illustrate understanding of financial \u00a0\u00a0statement analysis, including ratios. \u00a0A minimum of 100 to 200 words is \u00a0\u00a0required for your answer.\u00a0<\/p>\n<p><strong>Required Resource<\/strong><\/p>\n<h3><strong>Text<\/strong><\/h3>\n<p>Kimmel, P. D., Weygandt, J. J., &amp; Kieso, D. E. (2016). <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ashford.instructure.com\/courses\/42209\/external_tools\/retrieve?display=borderless&amp;url=https%3A%2F%2Fcontent.ashford.edu%2Flti%3Fbookcode%3DKimmel.2745.17.1\" title=\"Course Material\"><em>Financial accounting: Tools for business decision making<\/em><\/a> (8th ed.). Retrieved from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/content.ashford.edu\/\">https:\/\/content.ashford.edu\/<\/a><\/p>\n<p>\u00b7 Chapter 12: Statement of Cash Flows<\/p>\n<p>\u00b7 Chapter 13: Financial Analysis: The Big Picture<\/p>\n<p><strong>(Chapters 12-13 are in the attachments)\u00a0<\/strong><\/p>\n<h2><\/h2>\n<h2>Recommended Resource<\/h2>\n<h3><strong>Website<\/strong><\/h3>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/bcs.wiley.com\/he-bcs\/Books?action=index&amp;itemId=1118953908&amp;bcsId=9831\">http:\/\/bcs.wiley.com\/he-bcs\/Books?action=index&amp;itemId=1118953908&amp;bcsId=9831<\/a>\u00a0<\/p>\n<p><strong>(Chapters 12-13 PowerPoints are in the attachments)<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Week 6 Discussions and Required Resources Part 1 and Part 2 must be at least 200 words \u00a0\u00a0\u00a0\u00a0\u00a0 Part 1: Indirect Method vs. Direct Method Financial statement preparers have two choices in preparing the statement of cash flows: the indirect method and the direct method. The indirect method is used extensively in practice even though [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-6800","post","type-post","status-publish","format-standard","hentry","category-homework-help"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/6800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=6800"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/6800\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=6800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=6800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=6800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}