FAR CPA Practice Questions: Purpose of the Statement of Cash Flow for a Not-For-Profit Entity
In this video, we walk through 3 FAR CPA exam practice questions about the purpose and objectives of the statement of cash flows for a not-for-profit entity.
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0:00 Intro
01:20 Question 1: The Purpose of the Statement of Cash Flows for a Not-For-Profit Entity
03:20 Question 2: Can a Nonprofit Entity Use the Direct or Indirect Methods?
05:05 Question 3: What Does the Statement Start With When Using the Indirect Method?
07:05 Pillar Topics
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