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Assume you are part of the finance team at Dandelion Plc. After reviewing the financial...

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Accounting

Assume you are part of the finance team at Dandelion Plc. After reviewing the financial statements for FY 2021, during the meeting, one of the management team members had raised the question as follows, Why the Statement of cash flow is a part of the financial statements? Is the reporting of financial information for external stakeholders limited by only publishing the Statement of profit/ loss and Statement of financial position?

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