If you search the internet, you will find various articles on how the statement of cash flows can be used to gauge the financial health of a company. However, there are many similar articles that discuss how cash flow statements can be manipulated to disguise poor financial results. For this week's discussion:

Read the cash flow article provided here;

Find and cite a second article addressing ethical issues in preparing the statement of cash flows;

and Describe some of the ethical questions accountants must resolve when presenting financial information to external users, such as investors and lenders

Answer rating: 100% (QA)

Ethical Issues in Preparing the Statement of Cash Flows 1 Manipulation of Operating Activities Issue Companies may delay payments to suppliers or acce... View the full answer