Which financial report shows cash inflows and outflows during a specific period?

The Statement of Cash Flows is specifically designed to provide a detailed overview of cash inflows and outflows within a specific period, typically a fiscal quarter or year. This financial report categorizes cash transactions into three main activities: operating, investing, and financing activities.

Operating activities detail cash flows from the core business operations, which include cash received from customers and cash paid to suppliers and employees. Investing activities reflect cash movements related to the acquisition and disposal of long-term assets, such as property, plant, and equipment. Financing activities capture the cash transactions involving equity and debt, such as new loans taken or dividends paid out.

In contrast, the Balance Sheet focuses on a company's financial position at a given point in time, detailing assets, liabilities, and equity without addressing cash flow movements. The Income Statement reports revenues and expenses over a period, highlighting profitability rather than cash flow. The Retained Earnings Statement outlines changes in equity related to retained earnings but does not present any cash inflows or outflows. Thus, the Statement of Cash Flows is the only report that specifically tracks cash movements across different activities within the defined time frame.