If you’re counting on a big inheritance to get you through your
retirement, you might consider a backup plan. The median inheritance
of Americans in 2004 was just $29,000 in today’s dollars, according to
the Federal Reserve Board.
This instructive white paper outlines common pitfalls in the preparation of the statement of cash flows, resources to minimize these risks, and four critical skills your staff will need as you approach necessary changes to the process.