Cashflow statement: Difference between revisions
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imported>Doug Williamson (Update for FRS 102) |
imported>Doug Williamson (spacing) |
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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. | 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. | Relevant accounting standards include Section 7 of FRS 102. | ||
Revision as of 10:25, 6 November 2015
Financial reporting.
1.
One of the primary published financial statements of a reporting entity.
The Cashflow statement shows the cash movements within the entity, broken down into several categories prescribed by accounting rules - prescribed by accounting rules for external reporting and by 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.
