About This Chapter
Cash Flow Statements & Disclosures - Chapter Summary
What is the purpose of cash flow statements? What information needs to be contained on these reports? This is the type of information you will review when you refer to the video and text lessons comprising this chapter. Study detailed examples about each topic to enhance your learning experience. Lessons provide expert instruction, and easy 24/7 accessibility to studying is convenient for any schedule. Use self-assessment quizzes to measure how much you have retained from each lesson and whether you need further review of any topic. After completing this chapter, you should be able to:
- Provide details about the format and purpose of the cash flow statement
- Define and calculate cash flow
- Identify sources used to gather cash flow statement information
- List disclosure requirements for cash flow statements
1. Periodic Reporting & the Time Period Principle
Time plays a very important role in accounting and financial reporting. In this lesson, you will learn why time is important as we discuss periodic reporting and the time period principle.
2. The Statement of Cash Flows: Purpose, Format & Examples
There are four financial reports that are required in financial statements. In this lesson, you will learn about the fourth and final report - the statement of cash flows. You'll learn what the makeup of the statement is, its purpose, and why it is important to users of the financial statements.
3. Sources Needed to Prepare the Cash Flow Statement
The cash flow statement is one of the most important pieces of paperwork that a company will produce. In this lesson, we look at where the information for the cash flow statement comes from.
4. Disclosure Requirements for Cash Flow Statements
In order to make the statement of cash flows more meaningful to investors, supplemental disclosures are required. In this lesson, we'll cover the requirements with some specific examples.
Earning College Credit
Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the Financial Accounting: Help and Review course
- Introduction to Accounting: Help and Review
- Financial Statements in Accounting: Help and Review
- Mechanics of the Accounting Cycle: Help and Review
- Project Evaluation & Analysis
- Preparing Financial Statements: Help and Review
- Internal Controls in Accounting: Help and Review
- Merchandising Operations and Inventory in Accounting: Help and Review
- Current and Long-Term Liabilities in Accounting: Help and Review
- Adjusting Accounts & Preparing Financial Statements: Help and Review
- Taxation of Business Entities
- Accounting Changes & Errors
- Classifying Costs in Accounting
- Cost Accounting Methods
- Asset & Inventory Management
- Small Business Financing
- Small Business Accounting
- Financial Reporting