Jan 13, 2023
The cash flow statement, also known as CFS in short form, is a financial statement that consists of all the moments of cash and cash equival
A cashflow statement is a key financial statement, which consists of all the expenses and earnings of an organisation within a specific period of time. A cash flow statement is used to asses the liquidity and solvency of a company.
Statement of cash flow acts as a tool for investors to analyse the financial position of the company. On the basis of this statement, they decide, if they want to invest in that particular company. This is a major use of the cash flow statement.