Balance Sheet & Cashflow

Balance Sheet

Current Year Earnings

Retained Earnings

Balance / Check

Indirect Cashflow Statement

For indirect cashflow statements, make sure every Balance Sheet item is accounted for in the cashflow statement. As a general rule:

1. For Assets cash change is asset item|previous - asset item|current
2. For Liability and Equity, cash change is the opposite (current - previous).

The following items assume a connection to a Balance Sheet:

Change in Working Capital

Ending Cashflow