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In fact, all the line items in the statement of cash flow, except net income and depreciation/amortization, are caused by changes in the balance sheet assets and liabilities.
The statement of cash flows is the third primary financial statement and is required by IAS7, as revised in 2008.
announced today that, subsequent to the issuance of its consolidated financial statements for the nine months ended September 30, 2004, the company discovered errors in the support schedules used for the preparation of the Consolidated Condensed Statement of Cash Flows that resulted in the misclassification of several cash flow items.
It's prepared in a prescribed format, including a balance sheet, income statement, statement of cash flows and a statement of retained earnings.
Purchases and sales of investments are included as operating activities in the statement of cash flow.
The following question related to the Statement of Cash Flows was part of a recent examination for public accountants.
The consolidated statement of cash flows for the nine months ended September 30, 2006 contained a mathematical error, resulting in inaccurate net cash provided by operating activities and accordingly, in the net increase in, and end of period, cash and cash equivalents.
Next we continue with the rest of the statement of comprehensive income, calculating the cash and putting it into the statement of cash flows as follows.