![]() People and groups interested in cash flow statements include: International Accounting Standard 7 (IAS 7) is the International Accounting Standard that deals with cash flow statements. As an analytical tool, the statement of cash flows is useful in determining the short-term viability of a company, particularly its ability to pay bills. Essentially, the cash flow statement is concerned with the flow of cash in and out of the business. In financial accounting, a cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing, and financing activities.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |