Discussion Post: Statement of Cash Flows
GAAP requires the Statement of Cash Flow to be presented in one of two formats (direct or indirect). The most common method used is the indirect method. Discuss the three sections of the indirect method of presentation for the Statement of Cash Flows. Also discuss why the statement of cash flow is just as important as the income statement.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.