Statement of cash flows FAQs, MFCs, & other issues: Part II

While it may not get as much publicity as other financial statements, the statement of cash flows (SoCF) remains an integral part of a full set of financial statements and has for many years. Despite how long this has been true, issues or misunderstandings with the SoCF remain one of the most common sources of frustration for practitioners and entities alike. We began addressing common issues encountered on the SoCF last year in Part I of our report, and with