Statement of cash flows defined

/Statement of cash flows defined

Statement of cash flows defined

Statement of cash flows defined: Reports cash in and out of a company for a given period of time

  • Represents the flow of cash, but not profit and loss
  • Indirect method starts with net income and changes in other cash items such as borrowing
  • Shows sources of cash, such as borrowing

L_7F_Statement_of_cash_flows_defined

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By |2018-01-22T10:24:17+00:00August 5th, 2015|0 Comments

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John Gillingham is a CPA and Accounting App Developer in San Francisco, California. Check the iOS App Store for Accounting Flashcards and the Debits & Credits Game. On Android: Learn Accounting Flashcards. Also on Kindle and iBooks.

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