The statement of cash flows is an important financial statement as it offers a detailed account of a company's cash inflows and outflows from operating, investing, and financing activities, helping stakeholders assess the firm's liquidity, operational efficiency, and overall financial health. Megan Schoeps, Director in CFO Advisory with Wiss & Company, joins this segment to discuss the importance of the statement of cash flows. This includes discussion of the key sections of the statement of cash flows, working capital and non-cash considerations, cash flow ratios and metrics, as well as forecasting techniques.