Under IFRS rules,if a firm uses the direct method,a reconciliation of net income to cash flows from operating activities is not required.

Name: Under IFRS rules,if a firm uses the direct method,a reconciliation of net income to cash flows from operating activities is not required.
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Under IFRS, if a company uses the direct method for presenting cash flows from operating activities, a reconciliation of net income to cash flows from operating activities is not required, unlike under US GAAP.

Under IFRS Rules,if a Firm Uses the Direct Method,a Reconciliation