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What is some sort of Cash Flow Assertion and Why Will it Matter? A cashflow statement is a financial statement that provides a detailed picture of a company's cash inflows and outflows above a specific period. Unlike the income statement, which centers on revenue plus expenses, the cash flow statement especially tracks the motion of money. It's some sort of critical tool for understanding a company's liquidity, financial wellness, and overall business performance. Learning the Importance of Cash Stream Imagine a lucrative compa