Cashflow statement and Conflict of law: Difference between pages

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''Financial reporting.''
Where the parties to a contract are subject to different legal jurisdictions, and where the laws that apply in these jurisdictions differ in relation to the matter under dispute.


1.
Also known as ''conflicts of law'', or ''private international law''.
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.


2.
An internal report giving similar information, but formatted according to internal management requirements.


== See also ==
== See also ==
* [[Balance sheet]]
* [[Public international law]]
* [[Cash]]
* [[Private international law]]
* [[Cash conversion cycle]]
* [[Cash flow statement]]
* [[Cash management]]
* [[Direct method]]
* [[Income statement]]
* [[Indirect method]]

Revision as of 16:59, 9 March 2015

Where the parties to a contract are subject to different legal jurisdictions, and where the laws that apply in these jurisdictions differ in relation to the matter under dispute.

Also known as conflicts of law, or private international law.



See also

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