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Revision: Finance and Accounting >> Budgeting Commercial Studies (English Medium) ICSE Class 10 CISCE

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Definitions [1]

Definition: Cash Flow Statement
  • Cash Flow Statement is a statement that shows inflows and outflows of cash and cash equivalents under Operating, Investing and Financing Activities of a company during a particular accounting period.
  • Cash Flow Statement can be defined as a “Statement which summarises sources of cash inflows and uses for cash outflows during a particular period.” 

Key Points

Key Points: Cash Flow Statement
  • A Cash Flow Statement shows cash inflows and outflows during a specific accounting period.
  • It covers cash from operating, investing, and financing activities.
  • It helps explain the net change in cash between two balance sheet dates.
  • The statement is useful for short-term planning, liquidity analysis, and decision-making.
  • It is prepared as per Accounting Standard-3 (AS-3 Revised).
  • It helps assess a company’s performance, liquidity, and solvency through activity-wise analysis.
  • Limitations: It ignores non-cash items, reflects only past data, and does not measure profit.
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