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Instructions: In your own words describe the purpose of a statement of cash flows

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Instructions:

• In your own words describe the purpose of a statement of cash flows.
• Also describe the 3 sections of the statement of cash flows and what type of transactions are included in each.
• Lastly, this is a really complex financial statement and difficult for working accountants to put together too. What were some of the challenges you faced when you created your Statement of Cash Flows in the Homework Exercises?

• Discuss anything that you found particularly interesting, or particularly difficult to understand. This is important as this will help me to help you.

• After you have replied, please respond to at least two of your classmates postings and further discuss this week's discussion topic with each other.

• Make sure your responses are meaningful and discuss what your classmates have shared and your thoughts on it. Avoid posting short responses like "I agree".
• If there is anything that your classmates are having trouble understanding and you can help, please do!

Evaluation:

Your introduction will be graded using the attached rubric.