2019-01-24T10:23:28+00:00 Assignments

Topic: How Does The Statement of Cash Flows Differ From The Income Statement?

This paper concentrates on the primary theme of Topic: How Does The Statement of Cash Flows Differ From The Income Statement? in which you have to explain and evaluate its intricate aspects in detail. In addition to this, this paper has been reviewed and purchased by most of the students hence; it has been rated 4.8 points on the scale of 5 points. Besides, the price of this paper starts from £ 40. For more details and full access to the paper, please refer to the site.

Topic: How Does The Statement of Cash Flows Differ From The Income Statement?

Instructions:

Provide a half page response to each of the following questions. Cite two sources (APA) for each question and indicate for which question the source was used. No Title Page reqired
How does the statement of cash flows differ from the income statement? What do the operating activities, investing activities and financing activities tell us about cash events? 
What is the cash flow identity? Explain its components. 

Content:



Statement of Cash Flow

Student’s Name

Institutional Affiliation

Question 1

How Does The Statement of Cash Flows Differ From The Income Statement?

The statement of Cash Flow and Income Statement are crucial necessaries piece of the accounting financial statements as they serves as useful tool to all the relevant financial users such as the investors and creditors. As much as the two appears to serve the same accounting purpose, both have distinctive features that makes the two major accounting statements difference. Therefore, below are the differences between an income statement and cash flow statement.

First, an income statement refers an accounting report that focuses on revealing a company’s profit and losses, revenues and other gains in a particular financial year

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