What report reconciles the initial cash balance with the final cash balance over a specified period?

The Statement of Cash Flow is designed specifically to reconcile the initial cash balance with the final cash balance over a specified period. It provides an overview of how cash has moved into and out of an organization during that time frame. This report categorizes cash transactions into three main activities: operating, investing, and financing. By summarizing these cash flows, the statement allows administrators and stakeholders to understand the sources and uses of cash, thereby clarifying how the cash balance at the start of the period transitions to the cash balance at the end.

In contrast, the Income Statement focuses on revenue and expenses over a period, reflecting the profitability of an organization rather than its cash position. The Balance Sheet provides a snapshot of assets, liabilities, and equity at a specific point in time, not over a period. While the Cash Management Report might provide cash flow information and assist in managing cash resources, it does not serve the same comprehensive purpose of reconciling cash balances as the Statement of Cash Flow does. Therefore, the Statement of Cash Flow is the appropriate report for this reconciliation.