Prince Williams Reflection

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Week 5 Learning Team Weekly Reflection Prince Williams, Lucretia Coxson, Lisa Register, Taleiah Alford ACC/291 April, 8, 2014 Dr. Ahmed Week 5 Learning Team Weekly Reflection Prince Williams Reflection I have learned a lot during these five weeks of class. I learn a lot about my team members and also myself. Thanks to the professor teachings and Power Points I was able to complete all of my Wiley Plus assignment accurately. I also scored 26 out of 30 on the final exam so I know I am heading in the right direction on completing my goals. This week I learned how to identify situations that might lead to unethical accounting practices. I also learned how to examine the effects of unethical behavior and the Sarbanes-Oxley Act on financial statements. In class tonight I hope we sum everything up that we learned…show more content…
The organization may use the information in the cash flow report to assess the effectiveness of operations. Cash flow from funding activities. The cash flow statement is one of the most important, but often overlooked, of a firm’s financial statements. In its entirety, it lets an individual whether he or she is an analyst, customer, credit provider, or auditor learn the sources and uses of a firm’s cash. Without proper cash management and regardless of how fast a firm’s sales or reported profits on the income statement are growing, a firm cannot survive without carefully ensuring that it takes in more cash than it sends out the door. When analyzing a company's cash flow statement, it is important to consider each of the various sections that contribute to the overall change in cash position. In many cases, a firm may have negative overall cash flow for a given quarter, but if the company can generate positive cash flow from its business operations, the negative overall cash flow is not necessarily a bad

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