Читать книгу Wiley GAAP: Financial Statement Disclosure Manual - Joanne M. Flood - Страница 73

Unlike other statements, the statement of cash flows is based on the cash basis of accounting rather than on the accrual basis. Therefore, all bank account debits and credits that are unrestricted demand deposits should be reported in the statement as inflows and outflows of cash. Reporting cash flows involves no estimated allocations and few judgments except regarding classification in the statement.

Cash flows are recognized in the statement of cash flows in the period they occur. However, entities must disclose in the statement noncash investing and financing activities. (FASB Concepts Statement [CON] No. 5)