Explain why the cash flow statement is important

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Question: Your CEO at your present job has just heard you graduated with your MBA. The CEO is both excited and proud of this monumental achievement. They are giving a financial update to stockholders in a few days, but they are stuck on some questions regarding the importance of the Statement of Cash flows. The CEO calls you into their office to congratulate you and to ask for your insight into the importance of cash flows.

For this discussion forum, address the following questions asked by your CEO,

First, what is the purpose of the statement of cash flows? Get expert online assignment help in the USA.
Next, explain the differences between a cash budget and a cash flow statement.
Finally, explain why the cash flow statement is important to shareholders.
When addressing the questions, please be specific. Answers should be appropriate to the level of audience (CEO).

Reference no: EM133928704

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