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a. Balance Sheet b. Income Statement c. Statement of changes in equity. d. Cash Flow Statement e. Statement of Comprehensive Income
d. Cash Flow Statement
Any of these statements has its value to the Financial manager and to the users of financial statments as a hole, but in my opinion the Cash flow statement is the most importnt to the Financial Manager.
Hello Muhammad,
All the financial statements you listed above are important for a Financial Manager. Each one of them would provide him certain type of information:
-Balance Sheet - shows you financial position of the company
-Income statement - shows you the performance of the company
-Statement of changes in equity - explains the changes in a company`s equity over the reporting period
-Cash Flow Statement - shows how changes in Balance Sheet accounts and income affect cash and cash equivalents-Statement of Comprehensive Income -shows the change in equity (net assets) of a business enterprise during a period
But in my opinion, the most important and significant financial statement for a Financial Manager is:
d. Cash Flow Statement
In order to sustain my affirmation, I would like to say that the best financial analysis are made using Cash flow indicators, not only Profit&loss figures.
Thank you!
a. Balance Sheet . ( Foundation Stone)
A Balance Sheet summarizes a company’s Assets, Liabilities and Owners’ Equity (Net Worth) at a specific point in time, usually at the end of an accounting period. The purpose of a Balance Sheet is to give users an idea of the company’s financial condition along with displaying what the company owns and owes. It helps business owners quickly get a handle on the financial strength and capabilities of their business. Balance Sheets, along with Income Statements, are also the most basic elements in providing financial reporting.
a.balance sheet
Cash Flow statement, because that will detect in the other financial statement
Statement of Comprehensive Income provided the company having sound Financial base.
d. Cash Flow Statement Cash is king
Cash Flow Report
anwser d
cash flow statement
