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What is usage of Cash Flow Statement?

Flow Assurance
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Question added by Danish Rashid , Accountant , Special Lift General Transport
Date Posted: 2016/02/02
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Julia Kolesnikova
by Julia Kolesnikova , Financial Director , Ariston Thermo Rus (subsidiary Ariston Thermo Group (Italy))

The main purpose of the CFS - to provide the details of cash collected by the Co and cash paid - cash and cash out flows for the users.     Extra useful info - what the flows are generating these flows - so called operating, investing and financing actibities.     The net results of these activities will generate  the net change in cash poistion of the company for the reporting period - mainly calendar year

 

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