Statement of cash flows
Statement of cash flows (alternatively known as cash flow statement) is a financial report that provides a detailed breakdown of the specific increases and decreases in cash during an accounting period. It helps readers of the statement evaluate past performance as well as predict future cash flows of the business.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Statement of cash flows. A financial report that provides a detailed breakdown of the specific increases and decreases in cash during an accounting period. It helps readers of the statement evaluate past performance as well as predict future cash flows of the business.
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Statement of cash flows. Reports the impact of a firm's operating, investing, and financing activities on cash flows over an accounting period.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Statement of cash flows. A report that shows how items that affect the balance sheet and income statement affect the firm's cash flows.
According to Managerial Accounting by Braun, Tietz (5th edition),
- Statement of cash flows. One of the four basic financial statements; the statement shows the overall increase or decrease in cash during the period as well as how the company generated and used cash during the period.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
