Among other things, when the FASB made cash flow reporting a vital part, it allowed the direct or indirect approach/method. However, if direct approaches are chosen, the FASB asks to be aided by an adjustment program that transforms earnings into cash as long as they are used by operating activities. This particular statement may appear in the footnotes of the financial statement or on the cover page of the statement. Additionally, commonly accepted accounting principles require that, depending on the approach or method, cash amounts paid for things like taxes and interest must be disclosed