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Financial Statements
Reports that provide detailed information about a company's financial status, including its income, expenses, equity, and cash flows, over a particular period.
Statement of Cash Flow
A financial report that details the inflows and outflows of cash within a company, highlighting its operating, investing, and financing activities.
Direct Method
An approach in accounting for cash flows that lists major cash receipts and payments during a period, providing a clearer picture of how and where cash is generated and used.
Audit Committee
A key committee of a company's board of directors responsible for oversight of financial reporting, audit processes, and compliance matters.
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