Developing Statement of Cash Flows

November 13, 2022 5:03 pm Published by
Developing Financial Statements Developing Statement of Cash Flows
Developing Financial Statements & Measures, Curtis Mahnken, Rachel Purdy and, Pauline Van Nurden (April, 2021)

Projected Cash Flow Statements:

  • Provides information on the business’s ability to generate enough cash to meet financial obligations
  • Helps to identify the sources of and uses for cash in the business
  • Does NOT provide an estimate of business profitability

Source: Getting on Track: Better Management through Basic Financial Statements, Rodney L. Sharp, John P. Hewlett, and Jeffery E. Tranel.

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This post was written by Kole Swanser