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This figure represents the difference between a company’s current assets and its current liabilities. When its outflows are higher than its inflows, the company’s cash flows are negative. Review your cash flow statement often to keep tabs on your operation, financing, and investing activities. When there’s a healthy balance of all three, it’s an excellent […]
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Notes to the financial statements are important disclosures that further explain numbers on the financial statements document. You can add notes to include supplementary information about the results of your engagement for your client, for instance. The MD&A is a useful starting point for understanding the financial statements and can also provide key insights into […]