Day: January 17, 2012

  • Cash Flow Statement: What Is Its Purpose?

    Cash Flow Statement: What Is Its Purpose?

    Three Sections of the Cash Flow Statement Before we discuss the purpose of a cash flow statement, let’s first talk about what it is. The three sections of the cash flow statement are operating, investing, and financing. There are two methods to use when preparing your cash flow statement: direct and indirect. Cash Flow Statement […]