Lecture

Cash Flow Statement: Understanding Financial Transactions

In course

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Description

This lecture covers the basics of financial statements, focusing on the income statement and balance sheet. It explains the purpose of the cash flow statement, detailing its subdivisions and emphasizing that profit does not always equal cash. Through examples like JJ's Lawn Care Service, the instructor illustrates how financial transactions impact cash flows and the relationships among financial statements.

Official source

https://mediaspace.epfl.ch/media/0_pc39gh2e

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Ontological neighbourhood

Business

Accounting: Financial accounting

Finance: Corporate finance

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