#Statement of cashflow update#
The 2020 update includes several new discussions as well as some modifications to. This Roadmap provides Deloitte’s insights into and interpretations of the accounting guidance on the statement of cash flows, primarily that in ASC 230.
It reveals how cash is generated and from where. We are pleased to present the 2020 edition of A Roadmap to the Preparation of the Statement of Cash Flows. This statement tells managers and owners what is happening with cash in the business. The statement of cash flow, or cash flow statement, details the enterprise's cash flow - the inflows and outflows of our cash. The cash flow statement is distinct from an income statement, but the two statements are similar in that they summarize activities over a period of time. Update Table of Contents What is a Statement of Cash Flow? What are the Sections of the Statement of Cash Flows? What is a Statement of Cash Flow?