Financial Accounting Processes: Cash Flow Statement Solutions

This document presents a complete solution to a cash flow statement assignment, addressing both the direct and indirect methods. The solution includes a detailed cash flow statement for Pharmacy Adelaide Ltd, for the year ending June 30, 2019, using the direct method, detailing cash flows from operating, investing, and financing activities, with supporting working notes for each calculation. It also provides a reconciliation of profit and net cash provided by operating activities using the indirect method. The assignment adheres to the guidelines of Flinders University's BUSN1002 Financial Accounting Processes course, offering a comprehensive understanding of cash flow statement preparation and analysis.