Which financial statement shows the changing cash balance during a fiscal period?

The Statement of Cash Flows is the financial statement that specifically illustrates the changing cash balance during a fiscal period. This statement provides a detailed breakdown of cash inflows and outflows from three main activities: operating, investing, and financing. By categorizing these cash movements, the statement shows how cash is generated and used, allowing stakeholders to understand the cash position of an entity at any given moment.

This statement is crucial for assessing liquidity and overall financial health since it reflects the ability of the entity to generate cash and meet its obligations. It complements the other financial statements, such as the Income Statement and the Balance Sheet, by emphasizing cash flow rather than just profitability or financial position at a point in time. This focus on cash flow is what distinguishes the Statement of Cash Flows from other financial statements.