Cash Flow Statement: Using the Indirect Method Managing the cash flow of a business is crucial for its financial stability and growth. One of the key financial statements used to analyze and track a company’s cash inflows and outflows is the Cash Flow Statement. This statement provides valuable insights into the liquidity and operating activities of a business. What is a Cash Flow Statement? A Cash Flow Statement is a financial statement that shows the changes in a company’s cash position over a specific period of time. It provides information on how cash is generated and used by a business. The statement is divided into three main sections: operating activities,…