Analyzing Statements of Cash Flows I

Free CFA Level I lesson in Financial Statement Analysis. 12 min read, ~1,840 words.

CFO + CFI + CFF equals the change in cash. Beginning cash plus the three sections must tie to ending cash on the balance sheet. The statement contains no new data; it reorganizes the income statement and balance sheet around cash. Indirect CFO starts with net income, adds back non-cash...

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