A cash flow statement is a financial statement that shows the changes in a company’s cash position over a given period.
A cash flow projection is an analysis of how the company will make money in the future.
The difference between these two statements is that the projection includes information about what will happen to a company's cash balance from now until then, whereas the statement only shows how much money has been made or spent during that time period.
proforma cash flow statement is estimated statement while cash flow statement is actual statement after all transaction occurred.
Cash flow statement is a record of actual csh flow movements. Cash Flow Projection is an estimation of what the cash flow will be.
cash flow statement only shows cash transactions while income statement shows incomes and expenses for specific fiscal year.
Cash flow shows the flow of cash in and out of a business while Income statement is a summarized statement showing the profit or loss made during a period.
it means that it show the difference between the cash book and bank statement
Income statement shows the income or expenses related to one fiscal year while cash flow statement shows the cash inflows and outflows from different areas of business.
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
The difference between the beginning and ending cash balances on the balance sheet.
The difference between the beginning and the ending cash balance on balance sheet.
Cash book is made before making Balance sheet because ash book balance is transfer to balance sheet but Cash flow statement is made after balance sheet. 2. Cash book is subsidiary book of accounts and cash flow statement is a Financial Statement.
following is the proforma cash flow statement1 - Cash flow from operating activitiesamount received from debtorspayment made to creditors2 - Cash flow from financing activitiessales purchase of assets3 - Cash flow from investing activitiesissuance of new share capital
Income Statement is a financial statement which shows all the income and expenses of company, while cash statement shows the receipts and payments of company. In cash based accounting system cash statement is also work as a income statement as everything is dealt on cash bases but in accrual accounting tracking of receipts and payments and income and expense is a separate tasks.
the difference between the beginning and the ending cash balance on balance sheet
Cash Flow Statement shows the actual flow of cash& Cash Flow Budget shows you the estimated flow. For more information you can listen to the radio station specifically dedicated to explaining Cash flow on Achieve radio.