Cash flow statement: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Layout.) |
||
| Line 3: | Line 3: | ||
One of the primary published financial statements of a reporting entity. | One of the primary published financial statements of a reporting entity. | ||
The | The Cash flow statement shows the cash movements within the entity, broken down into several categories prescribed by: | ||
(1) accounting rules for external reporting and | (1) accounting rules for external reporting and | ||
Revision as of 13:12, 10 August 2021
1. Financial reporting - external.
One of the primary published financial statements of a reporting entity.
The Cash flow statement shows the cash movements within the entity, broken down into several categories prescribed by:
(1) accounting rules for external reporting and
(2) management's requirements for internal reporting.
It may reconcile - for example - the accounting profit in the income statement with the total net changes in cash and cash equivalents in the balance sheet.
Relevant accounting standards include Section 7 of FRS 102.
2.
An internal report giving similar information, but formatted according to internal management requirements.
Also written cashflow statement.
Also known as a statement of cash flows.
