Learning Team Objective

ACC/291

Learning Team

During weeks four and five, we learned all about methods a company can have a picture of their overall fiscal rankings. A few of the subjects dealt with include using a report of cash flows to observe the coming in and going out of cash, assessing fiscal reports, the way to report the issuance of the various kinds of stock and dividend payments, and the Sarbanes-Oxley Act influence.

A report of cash flows indicates the receipt and payment of cash for the organization. The direct method is desired by the FASB, even though both ways are acceptable, and shows cash receipts and payments in operations whereas the indirect method changes net income which does not influence cash. To get commenced with a report of cash flows, the...