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This is what I found on this website: http://facultyfp.salisbury.edu/jjderidder/ebhs/ Accountants were aware that the balance sheet, income and retained earnings statement did not provide statement users with all of the relevant facts desired for efficient decision making. A statement specifically designed to provide information concerning the source and utilization of resources came to be included as part of the financial reports of many firms on an optional basis. So the answer is yes.

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Q: Is the statement of cash flows an optional statement?
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Related questions

What does a statement of cash flows show?

A statement of cash flows is also called a cash flow statement. The statement of cash flows is a cash basis report that shows the inflows and outflows of cash for the operating, investing and financing resources of a business.


What financial statement would show the amount of cash generated by operations?

The cash flow statement.


What does the statement of cash flows list?

No


Cash flows from interest received are reported in the statement of cash flows as part of?

Operating activities


What is another name for the statement of cash flows?

Another name of cash flow statement is fund flow statement.


What category does Paid-in Capital fall into on the Cash flow statement?

Paid in capital is shown under cash flows from financing activities in cash flow statement.


A corporation issued 200000 of common stock in exchange for 200000 of fixed assets Where would this transaction be reported on the Statement of Cash Flows?

This transaction would not appear on the statement of cash flows because it is a non-cash transaction. The statement of cash flows only shows transactions that involve inflows and outflows of cash.


The statement of cash flows may also be called the?

funds statement


When did the statement of cash flows become a requirement for business?

The statement of cash flows replaced the statement of changes in financial position in 1987 as a required financial statement for all publically traded business enterprises.


The increase of ap on the statement of cash flows shows?

The increase of A/P on the statement of cash flow show?


What is the meaning of non recurring cash flow in cashflow statement?

Non-recurring cash flows means cash flows which are of capital expenditure nature or for long term cash flows.


How depreciation generated actual cash flows for the company?

It doesn't generate cash flows. It is added back on the Cash Flow Statement because the Cash Flow Statement begins with Net Income, from which depreciation is deducted.