Advanced Accounting- Non- financial perspective M&A

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1. From the non-financial accounting perspective, do you think
mergers and acquisitions are a good thing or a bad thing and why?

2.This week’s material deals with, amongst other things, the
subject of consolidated cash flow statements, which is but one of four “major”
financial accounting statements (Balance sheet, P&L, and statement of
owners’ equity being the others).

In your opinion, is the cash flow statement the most
important of the four? If so, why? If not, which is and why?

This should be at least 300 words and must include at least one outside reference (properly cited and credited), and are expected to discuss the topic(s) at hand in a meaningful manner.

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