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How can we treat taxation while preparing cash flow statements?

if tax is paid then it will be shown in cash flow statement otherwise it will not shown in cash flow statement.


How is the Cash flow statements different?

Cash flow statement is different in this sense as it tells the management about the cash inflow and outflow from different business activities.


Which acconting standard is for cash flow statement?

International accounting standard number 7 is about cash flow statements and how it should be prepared.


DO cash flow statements and shareholders equity work together?

NO they don't


Should cash flow statements be published?

Yes cash flow statement is also published along with income statement and balance sheet.


Is cash flow statement required by GAAP?

Yes Cash flow statement is required by GAAP and IAS (international accounting standards) as well.


How do cash flow statements work?

Cash flow financial statements keep a record of the money coming in and the money going out. The idea is to have it balanced at the very least, but ideally you'd like the money going out to be less.


Difference between cash forecasts and cash flow statements?

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.


What has the author Hugo Nurnberg written?

Hugo Nurnberg has written: 'The cash flow statement' -- subject(s): Accounting, Cash flow, Financial statements


Are cheques included in cash flow statement?

Yes, cheques are included in cash flow statements. Currency and coins are counted as well when balancing accounts receivable.


How does cash flow work and what is the benefit of cash flow?

If you don't have funds or budget your money you won't have positive cash flow. The benefits of positive cash flow are: you won't have financial issues and you will have enough money to purchase required products.


Importance of cash flow statements?

Cash flow satement is an important financial statement as it tells about the cash inflows and outflows from different business activities and this information is not available in any other financial statement.