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Abstract

This note explains the mechanics and financial accounting theory involved in preparing the statement of changes in financial position on a cash basis. A comprehensive example is included in this note, along with discussion on how to interpret the statement once it is produced.
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Abstract

This note explains the mechanics and financial accounting theory involved in preparing the statement of changes in financial position on a cash basis. A comprehensive example is included in this note, along with discussion on how to interpret the statement once it is produced.

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