guys i am dissapointed that seasoned posters on the NMS section...

guys i am dissapointed that seasoned posters on the NMS section do not know the difference between Revenue & Cashflow...

accrual accounting is one of the most important concepts to grasp in basic fin statement analysis... and it is even more important for service based businesses with large contracts, as they can book huge revenues, but god knows when the actual cash is coming...

in the current market CASHFLOW is everything... plenty of companies are booking profits, but once again CASHFLOW is all that matters...