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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.
cash flow statement only shows cash transactions while income statement shows incomes and expenses for specific fiscal year.
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.
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.
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 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.
The difference between the beginning and the ending cash balance on balance sheet.
Cash forecast is a forecasting activity in which future is predicted while in cash flow statement only cash inflows and outflows are shown which are already done.
Cash flow statement shows the cash inflows and outflows from different business activities while balance sheet shows the overall business situation from commencement to till date.
Net cash flow is the difference between income and expenditure.
Another name of cash flow statement is fund flow statement.
Income statement and cash flow statement is different in this way that in income statement all incomes and expenses are shown within one fiscal year whether actual cash is paid or not while in cash flow statement only those transactions are listed due to which cash inflows or outflows from business.