What is the purpose of the Statement of Cash Flows

Jun 17th, 2015
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What is the purpose of the Statement of Cash Flows? Describe the direct method of reporting cash flows from operating activities. Describe the indirect method of reporting cash flows from operating activities. Your post must be 250 words.

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What is the purpose of the Statement of Cash Flows?What is the purpose of the Statement of Cash Flows? Describe the direct method of reporting cash flows from operating activities. Describe the indirect method of reporting cash flows from operating activities. Your post must be 250 words.The main purpose of preparing statement of cash flows is to provide clear information regarding company's cash payments, cash receipts, as well as net changes in cash that arise from operating, investing, and financing activities during a given period of time. In simple words, the gross payments

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