The rules for the Cash Flow Statement in the International Financial Reporting Standard

  • Anikó Türkössy

Abstract

Cash flow statement may provide considerable information about what is really happening in a business beyond that contained in either the income statement or the balance sheet. Analyzing this statement should not present an intimidating task; instead it will quickly become obvious that the benefits of understanding the sources and uses of a company’s cash far outweigh the costs of undertaking some very straightforward analyses. The objective of IAS 7 is to require the presentation of information about the historical changes in cash and cash equivalents of an entity by means of a statement of cash flows, which classifies cash flows during the period according to operating, investing, and financing activities.

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Published
2013-01-24
How to Cite
Türkössy, A. (2013). The rules for the Cash Flow Statement in the International Financial Reporting Standard. Analecta Technica Szegedinensia, 7(1-2), 71-73. https://doi.org/10.14232/analecta.2013.1-2.71-73
Section
Articles