Understanding Cash Flow Statement-Format and Sections: Contents: Introduction to cash flow statement Sections of cash flow statement Format of the cash flow statement Introduction to cash flow statement: Three major financial statements are ordinarily required for external reports―an income statement, a balance sheet, and
Reconciliation Method Definition: A method of computing the cash provided by operating activities that starts with net income and adjusts it to a cash basis. It is also known as the indirect method. Recommended Books ! Or Download E accounting book in MS-word format
Operating Activities Definition: Transactions that enter into the determination of net income.