We have emphasized the income statement and balance sheet in this module. A third financial statement, the statement of cash flow is also important.

We have emphasized the income statement and balance sheet in this module. A third financial statement, the statement of cash flow is also important. How is the cash flow statement different and what is its purpose?    

Do research on the Internet and show the reference for the information. Don't forget to also respond to a colleague's posts.

Professor’s Note: In addition to searching the Internet for text related to this discussion, please watch the following videos (click on the following link to access these videos) and post your comments.    

http://www.youtube.com/watch?v=mr1Mu_z_N4o What is cash flow?   

http://www.youtube.com/watch?v=38WcNba0Ic0  Cash Flow 1 Statement of Cash Flows Format