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FASB ASC Guide > FASB ASC 230

The Financial Accounting Standards Board (FASB) released the 200 section of the Accounting Standards Codification for the purpose of discussing the braod topic of Presentation. Accounting Standards Codification 230 (ASC 230) was released to address the more specific topic of the Statement of Cash Flows and how it should be organized.

When creating a Statement of Cash flows, the three important categories are:

• Operating Activities
• Financing Activities
• Investing Activities

Check out more high level explanations of the FASB ASC in our Guide to the Accounting Standards Codification!

For more in depth information on this and other FASB ASC topics, check out the following books.

*Technical versions of the standards, authoritative literature can be found in the Financial Accoutning Standards Board website.