Cash Flow
The cash flow statement shows the sources of cash receipts and the purpose of cash payments during an accounting period. The statement is helpful to explain the changes in the balances of the cash account. The statement helps assist investors, creditors, and others in assessing the following factors (¡§Student Recourses¡¨, 1998) as:
1. The ability of the company to generate positive cash flows.
2. The ability of the company to meet its obligations and to pay dividends.
3. The company's need for external financing.
4. The reasons for differences between reported profits and the related cash flows.
5. The cash and non-cash aspects of the company's investing and financing activities during the period.
6. The causes of the change during the period in the company's cash balance.
The cash flow statement shows the cash flow from investing, finance activities and operating activities. Investing activities involve acquisitions or sales of investments or plant assets.......
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