Generally accepted accounting principles prefer the direct method for preparing the cash flow statement since it uses actual data regarding cash receipts and expenditures. However, most ...

Non-accounting managers may find it easier to interpret data on a cash flow statement prepared by the direct method. Businesses with hundreds or thousands of transactions every day, such as a ...

ForwardAI, a fintech providing aggregated direct data access to accounting and ... business owners and accountants simplify their cash flow, Forwardly integrates “with bank accounts and ...