Wednesday, October 2, 2019
Statement of Cash Flows Essay -- essays research papers
Statement of Cash Flows Paper à à à à à The Statement of Cash flows is a very useful financial statement that can benefit investors, managers and even auditors. The statement of cash flows has not been around as long as the other financial statements such as the balance sheet or income statement. It basically ââ¬Å"illustrates the way accounting evolves to meet the requirements of users of financial statements.â⬠(Marshall, 2003) The statement of cash flows is designed to provide important information about the cash that a company has received or has paid out during a certain time period. It provides a reason for the changes of cash received and paid by a company by taking into account all financing, investing and operating activi...
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