Abstract articleAccording to this article please explain:1) Summary and its purpose Generally accepted accounting principles (GAAP) have required companies to present a statement of cash flows as part of a complete set of financial statements since 1988

Abstract articleAccording to this article please explain:1) Summary and its purpose Generally accepted accounting principles (GAAP) have required companies to present a statement of cash flows as part of a complete set of financial statements since 1988. In the 20 years since the statement of cash flows was first required, numerous articles have described the information available in the statement and identified insights available through analysis. Nonetheless, the statement of cash flows remains a source of confusion for many financial statement readers. This article aims to help commercial lenders read the statement of cash flows systematically and to make connections to traditional ratio analyses and accrual-based accounting information. The steps on reading the statement of cash flows are: 1. Focus liquidity analysis on cash and cash equivalents. 2. Build the big picture. 3. Scrutinize operating cash flows. 4. Connect investing and financing activities to business strategy.

2) How this article helps in upcoming cash flows assignment?