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What is a Fund Flow Statement ? What are the purpose for which a Fund flow statement is prepared?

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Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2015/02/07
Mir Mujtaba Ali
par Mir Mujtaba Ali , Internal Audit Manager , Confidential

The funds flow statement is the earlier version of the statement of cash flow, it primarily reported changes in an entity's net working capital position between the beginning and end of an accounting period.

In the past, It was required under GAAP to prepare funds flow statement.

 

Mohammed Salim Allana
par Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

The core purpose of the funds flow statement is to ensure continuous liquidity and working capital for an organisation. It is also a regulatory requirement for the management to prepare and submit periodical returns..

Awais Taqi
par Awais Taqi , Assistant Finance Manager , Razia Shafi Life Care Hospital

The term "Flow of Funds" refers to changes or movement of funds or changes in working capital in the normal course of business transactions. Thus Fund Flow Statement is prepared to analyse the changes in working capital between two balance sheet dates by analysing the inflow and outflow of funds.

Malik Khalid Mahmood
par Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

To Check the movement of Funds, also the xpected income funds and the funds required to utilize for current and future operations.

Utilisateur supprimé
par Utilisateur supprimé

Agreed with the answers............................................................

Ahmed kandil
par Ahmed kandil , Cost Controller , Battour Holding Cpompany

AGREE WITH  Mir Mujtaba Ali  Internal Audit Manager 

Salah Othman Yousef Alshambaati
par Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

Agreed with the answer Mir Mujtaba Ali

Ans abdela
par Ans abdela , SR .Accounts Receivable Officer , RAk precast FZC

fund flow statement prepared for cash recieps & cash disbusements  & and its purpose shows fund flow from activities to control & get proper finance for business

Ayman Esa Mustafa Farrag
par Ayman Esa Mustafa Farrag , مدير مالي , شركة الصفوف

Agree with all qolleagues ,,,,,,,,,,,

Mohammed Shahid Ullah
par Mohammed Shahid Ullah , Executive Director (Finance) , Coal Power Generation Company Bangladesh Limited

Fund Flow Statement is the flow of inflow & outflow of the fund. To know the fund position & its best uses.

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