A Cash Flow Statement is a financial document that shows the inflows and outflows of cash and cash equivalents for a business over a financial period. It is a crucial part of financial reporting.
Investing activities, as required by Financial Reporting Standard (FRS) 1, show the cash flows related to the acquisition or disposal of the organization's long-term assets.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.