Annual financial statement users want the best possible information about the ability of economic agents to make payments, liquidity needs, as well as for comparing different company's results, eliminating the impact of using different accounting methods for similar transactions. For this purpose it is necessary cash flow statement.According to a survey of 78 companies listed on the London Stock Exchange, the cash flow statement is especially useful in 'Treasury analysis from operating activities" and "coverage determination of dividends and interest cash flows net of tax ". JEL Classification: G30, C32 Keywords: cash flows, IAS 7, direct method, indirect method 1. Introduction In Romania, according to. Article 3. (1) Order no. 3055 of 29 October 2009 approving the Accounting Regulations in accordance with European directives, the cash flow statement is considered part of the annual financial statements, together with: balance sheet, income statement, statement of changes in equity, notes to financial statementsis.At international1 level preparation for this is required by IAS 7 Cash flow statement, in which it is stated that the treasury (cash) means money in the counter and money in bank demand deposits. Flows equivalents (cash equivalents) are short-term investments, highly liquid, which can be easily converted to cash, to known amounts and the risk of changes in value is negligible. These cash equivalents are held rather to cope with short-term cash commitments rather than for other purposes. An investment will not be considered generally equivalent flows unless an approaching maturity, for example less than or equal to three months from the date of purchase. Generally, shares are excluded from cash equivalents. In turn, the cash flows are inflows and outflows data items as cash or cash equivalents. Cash flows exclude movements between items that constitute cash or cash equivalents. In this context, even if, for example, loans taken from banks are generally considered to be financing activities in some countries, current overdraft repayable on demand form an integral part of cash management firm, where part category of cash and cash equivalents, if not in the cash flow statement. Meanwhile, the treasury has a vital importance for the enterprise, through the size and by it sign (positive or negative) because to characterize the situation in which it is situated (financial health, vulnerability, bankruptcy, etc.) and therefore shows reflection on company's financial position with equity