Analyzing the cash flow statement is extremely valuable because it provides a reconciliation of the beginning and ending cash balance on the balance sheet. Keep in mind, though, that this analysis ...

Two main types of personal financial statements are the personal cash flow statement and the personal balance sheet. Personal financial statements help track spending and increase net worth.

Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow. The first step in developing a financial management system is the ...