This essay focuses on statement of cash flows account .A balance sheet tells you a business’s worth at a given time, so you can better understand its financial

statement of cash flows account

Using the same company and annual reports that you chose for your Reading and Using. It is  the Annual Report Case Study discussion forum in Week 1, . This is A balance sheet gives a statement of a business’s assets, liabilities and shareholders. The equity at a specific point in time. They offer a snapshot of what your business owns and what. This is  it owes as well as the amount invested by its owners, reported on a single day. A balance sheet tells you a business’s worth at a given time, so you can better understand its financial position.

Prepare a comparative balance sheet, income statement, and statement of cash flows, and perform a horizontal analysis of the company’s balance sheet, income statement, and statement of cash flows for the most recent 2 years. Identify at least one significant change (increase or decrease) from one year to the next in a balance sheet account, income statement account, and statement of cash flows account.A balance sheet reports the assets, liabilities and shareholders equity of your business at a given point in time. The items reported on the balance sheet correspond to the accounts outlined on your chart of accounts. A balance sheet is made up of the following elements:
Identify the causes of the change in each of these accounts.
Discuss the implications of each of these account changes, and your assessment of the company based on these changes. Do these changes reflect positively or negatively on the company, and what is your assessment of the outlook for the company