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• discuss the need for a fund flow statement; • distinguish between funds flow statement and other financial statements; • elaborate the procedure of preparing a funds flow statement; and • explain how the fund flow statement can be used in real life for different decision-making. 10.1 INTRODUCTION The balance sheet and profit and loss ...
Funds flow statement shows the inflows and outflows of funds – Sources and Application of funds during a particular period. Fund Flow - Background. Funds flow statement reveals the sources and applications of funds. It ascertains the changes in financial position between two accounting periods.
Funds Flow Statement is also called as Statement of Changes in Financial Position or Statement of Sources and Applications of Funds or where got, where gone Statement.
Funds Flow Statement is a statement prepared to determine the sources and uses of working capital between 2 balance sheet dates. Working Capital = Current Assets – Current Liabilities
Differentiate the funds flow statement from income statement and balance sheet; Prepare funds flow statement; Explain the meaning of certain key terms
Section: A. Prepared By: Vinay Kumar Shaw. Fund Flow Statement. Fund flow statement is a statement which shows the sources from which funds are obtained and uses to which fund are put. By fund are generally mean working capital.
Apr 14, 2023 · This statement is known as the financial position or fund flow statement. A fund flow statement is a statement that shows the movement of funds and reports an enterprise's financial operations. It shows the various means by which funds are obtained and used.
