Knowing the Cash Flow Statements

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Every end of the month, you will want to know how many balances are still in the account, right?  This also applies to the company.  Well, for this purpose, company management usually looks at cash flow statements.  That’s where the final balance or company cash is informed. Through a cash flow report, management can find out how much revenue and expenditure an organization has in a given period.  Surplus and deficit conditions can also be seen in this report. The cash flow report is also a kind of accumulation of the company’s financial activities.  To facilitate evaluation, usually, cash flows are reported annually.  In addition, it also makes it easier for companies to prepare financial plans for the following year. Many non-profit organizations that live on public funding support, announce cash flows in their annual reports.  This is so that donors also have a broad audience to know the activities … Read the rest