What information does the statement of cash flows report that is not reported on the other required financial statements? How do investors and creditors use that information?
2007-10-17 19:14:09 · 2 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
IAS 7:
10. The cash flow statement should report cash flows during the period classified by operating, investing and financing activities. (This classification is not used in the other components of financial statements)
11. An enterprise presents its cash flows from operating, investing and financing activities in a manner which is most appropriate to its business. Classification by activity provides information that allows users to assess the impact of those activities on the financial position of the enterprise and the amount of its cash and cash equivalents. This information may also be used to evaluate the relationships among those activities.
2007-10-17 21:00:08 · answer #1 · answered by Sandy 7 · 0⤊ 0⤋
the statement of cash flow report :
1- net cash flow from operating activities
2-net cash flow from investing activities
3-net cash flow from financing activities
2007-10-21 16:47:22 · answer #2 · answered by Dsalah s 3 · 0⤊ 0⤋