Question
Explain why a company needs a statement of cash flow when it already has an income statement. As you prepare, consider the differences between cash
Explain why a company needs a statement of cash flow when it already has an income statement. As you prepare, consider the differences between cash based accounting and accrual based accounting. Make sure to include concepts from the Conceptual Framework.
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Auditing And Assurance Services
Authors: By David N. Ricchiute
6th Edition
0324024029, 9780324024029
