Explain what information a statement of cash flows provides to supplement that provided by a statement of financial position and an income statement.

Review this Week’s reading in Atrill, P. & McLaney, E. (2014) Topics 3 &4 uploaded vida PDF files to this order, plus the Weekly Notes power points. For this paper you must also use sources found through Google Scholar as well. The uploads must not be the only source of reference for this paper. Please make sure you use academic sources using Google Scholar.

Review the course content regarding problems that organizations might encounter when using the income statement and statement of cash flows and then in a 825-100 word response, address the following issues/questions:

Cash is the lifeblood of any business, and without it survival is very unlikely.

Do you agree or disagree? Explain what information a statement of cash flows provides to supplement that provided by a statement of financial position and an income statement. Why is there still some controversy surrounding published statements of cash flows? How important are such statements in terms of the financial reporting requirements within Canada?.

Base your answer on research, your readings and your experiences. Please remember to correctly cite all references.

use the following formatting instructions for this paper :

thought I would share with you my thoughts on how your collaborative post should be presented. Presentation does contribute to your overall grade for the week, so it’s worth putting a little bit of effort into this if you wish to obtain good grades.

All collaborative posts must have structure, so the use of headings in Bold and paragraph / line spacing is important.
No attachments to be placed on the discussion board, so please copy and past your collaborative post into the discussion board. Before you submit, you should check and review how your collaborative post will come out once you have placed it on the blackboard
All collaborative posts must have an introduction and a conclusion with headings to this effect.
All collaborative posts must be referenced from academic sources (textbook does not count as research, as you have had to read the respective chapters each week). Academic sources means the use of Google Scholar.

Try to avoid websites as these are not academic enough. So as a guideline you should be aiming for 3 solid academic references for each collaborative post.

Please try to have a good professional look about presentation rather then just a big block of words, with no spacing or headings. This is not a good approach to submission. You should be aiming to make your collaborative post easy to read for all classmates as we are all busy people so we want to read submissions quickly and not grind our way through submissions because you have not focused on presentation and you make your submission difficult to read.

A suggested structure would be to use the following headings:
Introduction (5% of the word count)
Literature review (35% of the word count)
Application of the literature review (This is where you use your research and own thoughts to answer the question – 40% of the word count)
Practical application of the theory (10% of the word count) this is where you give practical examples or application of the theory to practice.
Conclusion (10% of the word count)

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