Accountancy starts from basic of accountancy and ends with the preparation of Financial statements. . Cash Flow statement is a part of the Financial Statements. It is also known as funds flow statement.
In day to day life, many of you might have know about the cash flow statement however majority of us still not know exactly what it is ?
Cash Flow statement is one of the main financial statements along with the balance sheet, profit and loss accounts, directors reports etc.
As the name suggest Cash flow statement is nothing just a statement of cash received and cash spent during a particular time.
The cash flow statement prepared with an objective of getting insight information about cash generated and disbursed during the period
A. Operational Activitie
B. Capital Investment
Financial statements help management in proper decision making process relating to financial activities and Cash flow statements indicates cash