INTERMEDIATE FINANCIAL REPORTING 1
UNIT 1 - TASK-BASED SIMULATION #2
Simulation (20 minutes)
Isabelle Romeo is the accountant for Rockworks Inc., a landscaping design and installation company in Nova Scotia. As part of the current year-end reporting process, she has been asked to prepare the company's cash flow statement for the year ended December 31, year 2, using the indirect method in accordance with ASPE.
Isabelle has pulled together the following documents to help her with her task:
Appendix I, balance sheet
Appendix II, income statement
Appendix III, excerpts from the notes to the financial statements
Complete the task in the Excel Task file.