Why we cover the cash flow statement throughout introductory accounting
January 15, 2018
The cash flow statement was first required in 1987. When this change occurred many introductory accounting texts opted to cover the new statement in a separate chapter at the end of the text, instead of incorporating the statement into all chapters. As a result of this placement, the statement of cash flows is often viewed as too complicated or unimportant for introductory students. We believe that it is important for all business majors to have exposure to this statement and we cover it in a simple way that is easy for introductory students to understand. The video below shows you how and why we cover the statement of cash flows throughout our text and not just as a separate chapter at the end.
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The video below shows how I teach the Statement of Cash Flows to my students. Videos like these are available for all of the learning objectives in our texts.