Describe the purpose of the statement of cash flows
Examine the usefulness and limitations of financial statement analysis
Entire departments of companies are staffed with individuals who perform analyses of financial information. When you work for a company, it is important for you to understand not only what the different types of financial statement analyses are, but also how these analyses are used. Additionally, you will prepare the statement of cash flows. In order to do so, you will need to understand how one is prepared. You will also learn what it is and how it is used.
Please respond to all of the following prompts in the class discussion section of your online course:
- In your opinion, what is the biggest benefit to financial statement analysis? What can financial statement analysis not tell you about a company?
- Assume you are the CFO of a company. What types of financial analysis would you want performed for your review? Why?
- In your opinion, how should a company use the statement of cash flows?
Attachment:- w10 APA Chapter_23_HP_21e_FINAL.pdf
Attachment:- w10 APA Chapter_24_HP_21e_FINAL.pdf