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The purpose of the cash flow statement or statement of cash flows is to provide information about a company's gross receipts and gross payments for a specified period of time.
The gross receipts and gross payments will be reported in the cash flow statement according to one of the following classifications: operating activities, investing activities, and financing activities
Basically, to provide us with the needed information that will help us to collect data from certain statements that we are looking forward to achieve or objectives.
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provide information about a company's gross receipts and gross payments for a specified period of time.
to clarify the changes that monetary developments of the movement of the entity during the financial period
The purpose of the cash flow statement or statement of cash flows is to provide information about a company's gross receipts and gross payments for a specified period of time.
In summary the objective of CF
The purpose of cash flow statement is to provide information abt cash receipt , cash payment , net change in cash resulting from operation ,investment and financial activites of company during the period