For-Profit Resources

This page contains resources useful in teaching accounting and financial reporting for For-Profit entities.

Information in financial statements comes in two forms:

1. What is directly disclosed.
2. What is implied by what is disclosed.

Here is an example of going underneath the disclosures to find the hidden information in a set of financial statements:

Dissecting Financial Statements

The Indirect Method Cash Flow from Operations is often the key in dissecting financial statements. It is, however, the most challenging financial statement to teach. Here are some resources that will help:

Cash Flows and Accruals: An Example

Construction of Cash Flow Statements