Having a statement of cash flows


One of the four financial statements that a public company is required to prepare and have audited once a year is the Statement of Cash Flows (which did not exist in its present form until 1985). Why do we have a statement of cash flows? What information is it designed to give the "user?"

1-2 paragraphs.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Having a statement of cash flows
Reference No:- TGS088321

Expected delivery within 24 Hours