Please respond to the below post:

What alternative formats could P&G have adopted for its balance sheet? Which format did it adopt?

The account form (horizontal presentation) and the report form (vertical presentation) are the most common formats. Account form lists assets, by sections, on the left side, and liabilities and stockholders equity, by sections, on the right side. Report form lists the sections one above the other, on the same page. P&G adopted the Report form for its balance sheet.

Identify the various techniques of disclosure P&G might have used to disclose additional pertinent financial information. Which technique does it use in its financials?

Companies may use parenthetical explanations, notes, cross-reference and contra items, and supporting schedules to disclose additional pertinent financial information. P&G used Notes to the Financial Statements, supporting schedules and cross referencing.

What were P&G's cash flows from its operating, investing, and financing activities for 2017? What were its trends in net cash provided by operating activities over the period 2015 to 2017? Explain why the change in accounts payable and in accrued and other liabilities is added to net income to arrive at net cash provided by operating activities.

The 2017 cash flow:

Operating Activities = $12,753,000

Investing Activities = $5,689,000

Financing Activities = $8,568,000

The trends in net cash provided by operating activities over the period 2015 to 2017:

2015 = $14,608,000

2016 = $15,435,000

2017 = $12,753,000

Changes are added to net income to determine the cash basis rather the accrued basis.