Cashflow statement: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update for FRS 102) |
imported>Doug Williamson (Layout.) |
||
| (8 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
''Financial reporting | ''Financial reporting'' | ||
1. | 1. | ||
| Line 5: | Line 5: | ||
One of the primary published financial statements of a reporting entity. | 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 | The Cashflow 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. | 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. | ||
| Line 15: | Line 21: | ||
An internal report giving similar information, but formatted according to internal management requirements. | An internal report giving similar information, but formatted according to internal management requirements. | ||
== See also == | == See also == | ||
* [[Balance sheet]] | * [[Balance sheet]] | ||
* [[Bookkeeping]] | |||
* [[Cash]] | * [[Cash]] | ||
* [[Cash and cash equivalents]] | |||
* [[Cash conversion cycle]] | * [[Cash conversion cycle]] | ||
* [[Cash flow statement]] | * [[Cash flow statement]] | ||
| Line 27: | Line 34: | ||
* [[Income statement]] | * [[Income statement]] | ||
* [[Indirect method]] | * [[Indirect method]] | ||
* [[Primary statements]] | |||
* [[Profit and Loss account]] | |||
* [[CertICM]] | * [[CertICM]] | ||
* [[FRS 102]] | * [[FRS 102]] | ||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
Revision as of 10:21, 5 July 2017
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:
(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.
