An exercise that CFOs enjoy and that brings great satisfaction when everything matches. Cash Flow Statement with indirect method in #FCCS. Accounts and transaction tracking, basic levels of sophistication (pure raw variation in Working Capital) to advanced levels (Cash In and Cash Out from investments and loans, exchange rate effects).
The template, including the calculation formulas, is included in EXPERLAB Starter Kit for statutory consolidation, along with the entire Reporting Package.
Strengths: Balancing FCCS Cash Flow Statement means thoroughly testing the entire application and also doing a significant amount of work for the tables in the Notes to the Financial Statements.