Elements of Financial Statements Objectives Identify the components of a balance sheet Identify the components of an income statement Identify the components of a cash flow statement Discussion Overview This discussion forum examines the different components of financial statements. Deliverables Your participation in the discussion forum, including the following: Responses to the initial questions Responses to at least two other students' posts Step 1 Post a response to the following on the discussion board . Post your response to the following on the discussion board. If appropriate, include personal experience in your response. Financial statements provide important information for a business decision maker. Identify and post three separate pieces of information found in financial statements and briefly explain how each element might help someone make a business decision. Give a very specific example of a business situation. .

1. Elements of Financial Statements
Objectives
Identify the components of a balance sheet
Identify the components of an income statement
Identify the components of a cash flow statement
Discussion Overview
This discussion forum examines the different components of
financial statements.
Deliverables
Your participation in the discussion forum, including the
following:
Responses to the initial questions
Responses to at least two other students' posts
Step 1
Post a response to the following on the discussion board
.
Post your response to the following on the discussion board. If
appropriate, include personal experience in your response.
Financial statements provide important information for a
business decision maker. Identify and post three separate pieces
of information found in financial statements and briefly explain
how each element might help someone make a business
decision. Give a very specific example of a business situation.