Description
Discussion: Statement of Cash Flows
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We emphasize the income statement in this module. A third financial statement, the statement of cash flows, is also important.
The following videos provide a starting point.
Xero. (n.d.) Statement of cash flows. [Video]. Vimeo.
Wall Street Survivor. (2013, January 12). What is a cash flow statement? [Video]. YouTube.
Feel free to review the background material or Internet for additional resources.
How is the cash flow statement different from the income statement? What is its purpose?
If you had to prepare a personal financial statement, would it be an income statement or a cash flow statement? Explain your reasoning.
Expectations: One original comment the first week of the module and two follow-up comments based on colleagues’ thoughts. Three postings do not guarantee full credit. Content and timeliness matter too.
