Preparing the Statement of Cash Flows
Step One:
Measurment of cash flows
Importance of cash flows.
Step Two:
Understanding
Basics of Cash Flow Reporting
What does the statement of cash flows answer?
Step Three:
Step Four:
How are the cash flow statements organized?
Step Five:
Statement of cashflows:
Information to prepare the statement. There are three sources where we need to gather information to prepare the statement of cash flows. 1. Comparative balance sheets 2. The current income statement 3. Any other pertinent additional information to help explain cash flows and the noncash activities.
CASH FLOW REPORTING
Casey Kolthoff
Created on December 6, 2023
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Transcript
Preparing the Statement of Cash Flows
Step One:
Measurment of cash flows
Importance of cash flows.
Step Two:
Understanding
Basics of Cash Flow Reporting
What does the statement of cash flows answer?
Step Three:
Step Four:
How are the cash flow statements organized?
Step Five:
Statement of cashflows:
Information to prepare the statement. There are three sources where we need to gather information to prepare the statement of cash flows. 1. Comparative balance sheets 2. The current income statement 3. Any other pertinent additional information to help explain cash flows and the noncash activities.