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Yes Cash flow statement is an obligatory financial statement alongwith income statement and balance sheet.

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11y ago

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How does Asset revaluation reserve affect cashflow statement. Is it even included in cashflow statement. Or does the increase in freehold property offset the increase in revaluation reserve?

it is included in cash flow statement


Types of financial system?

cashflow,incomesystemand balance sheets


What is the statement of cash flow used for?

The cashflow statement is used for knowing the cash out flow and inflow in a business/project.


What is the point of cashflow forecast?

A cashflow forecast is very important in financial management. It plans the future cash requirements so the company can avoid going into a crisis of liquidity.


What is a cashflow budget?

Budgeted cash flow statement is the estimated cash flow statement for planning purpose before the actual activity starts


Why cash flow is made after balance sheet?

Cashflow statement is preferably prepared after the balance sheet because it becomes much more easier to pick cashflow items from the bal. sheet than from individual ledgers.


What are the 3 basic financial statements?

Balance Sheet Statement of Income Statement of Shareholders (Owners') Equity Statement of Sources and Applications of Cash (or Funds) Balance Sheet Statement of Income Statement of Shareholders (Owners') Equity Statement of Sources and Applications of Cash (or Funds)


Can you consider notes to financial statement to be a financial statement?

Notes to financial statement can be considered to be a financial statement since they report the details and additional information that are left out.


Is income statement same as financial statement?

no. income statement is a only a statement in financial statements.


What are the eligibility requirements for a cashflow loan?

To be eligible for a cashflow loan, a business typically needs to have a steady stream of revenue and a positive cash flow. Lenders may also consider the business's credit history, time in operation, and financial stability. Meeting these requirements can increase the chances of approval for a cashflow loan.


Where can one find financial statement software?

CNet is a resource for a variety of downloads, including financial statement software downloads. This software can also be found at Financial Statement Pro and My Financial Statement.


What should a businesses financial statement contain?

it should contain statement of comprehesive statement, statement of financial position and statement of cashflows