Required financial stmts for businesses are: Income Statement, Balance and Statement of Cash Flows. A Stmt of Cash Flows is very complicated to prepare and to analyze but it basically details how cash comes IN and OUT of a company. Describe some techniques you use in your daily lives/jobs to ensure that cash flow is controlled and understood by you.

Required financial stmts for businesses are: Income Statement, Balance and Statement of Cash Flows. A Stmt of Cash Flows is very complicated to prepare and to analyze (you'll have to enroll in my Intermediate Accounting class to learn the details), but it basically details how cash comes IN and OUT of a company. Describe some techniques you use in your daily lives/jobs to ensure that cash flow is controlled and understood by you