Cash Flow Versus Net Income Positive cash flow is a crucial part of the financial success of any business. Despite this significance, many companies report their earnings per share rather than cash per share. This is a key difference between the income statement and the cash flow statement. The impact of this reporting choice can have considerable effects on companies. For instance, Enron only announced income statements, not balance sheets or cash flow statements which ultimately had a tremendous impact on all stakeholders of the company. This Discussion will give you an opportunity to explore the differences between cash flow and net income in reporting. You will also have a chance to review actual financial information that companies report.