Taking cash flow in hand
13 September 2012
Demonstrating FRS1 Cash Flow Statement
September’s Study Zone outlined the development and structure of Cash Flow Statement FRS1. The statement provides users with a mechanism for:
• Assessing current liquidity
• Providing additional information on business activities
• Providing an overview of major sources of cash flow from the business
• Estimating future cash flow
• Determining cash flows generated from...