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What is Cash Flow Statement?
A cash flow statement is the financial statement of a company over a particular time or quarterly time period. This report is needed to disclose to the SEC and to public. The cash flow statement includes cash inflows as well as cash outflows of a company. In the cash inflows the company collects cash from outside investments and from current operations. This is very much essential for a company to maintain its financial report.
Our Cash Flow Statement Homework Help team explains its requirement in an effective way. According to the experts, it is not necessary that change in cash position, whether an increase or decrease can affect the released income statement in each quarter. If a company owes some major contract, then in the view of the public and accounting it has earned a profit, but in reality it did not get any cash till the date of its contract. Hence, it is very important to for a company and it should be done properly by the experts to acquire a good financial position.
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