Statement of Cash Flows: How Nonprofits Track Inflow and Outflow of Money
Blackbaud
SEPTEMBER 19, 2024
Nonprofits use the Statement of Cash Flows in several key ways: Planning and Budgeting: Forecasts cash needs and plans for future expenses. Indirect Method: Starts with net income and adjusts for changes in non-cash items and changes in working capital to arrive at cash flows from operating activities.
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