Statement Of Cash Flows Legal Meaning and Definition

Here is a simplified definition of the legal term Statement Of Cash Flows.

Statement Of Cash Flows (noun)

A Statement of Cash Flows is a official financial document used by businesses. It tracks the flow of money in and out of a business during a specific period of time. This can include cash earned from selling goods and services, as well as money spent on things like paying employees or buying new equipment. By analyzing these details, a company can understand just how it's managing its cash resources.