there are two methods for preparing the statment of cash flows; indirect and direct. GAAP says we should use direct, but the easier one to use is the...

there are two methods for preparing the statment of cash flows; indirect and direct.GAAP says we should use direct, but the easier one to use is the indirect.pleaase talk about what each one is, what are the differences between the two, similarities and why would GAAP want the direct method.