Accountants Guide to Preparation of Cash Flow Statement
Introduction of Cash Flow Statement A cash flow statement is a financial statement that shows the movement of cash and cash equivalents in and out of a business during a specific period of time. It tells how much cash the company can use for its operations, investments, and financing activities. It’s like tracking all the […]
Accountants Guide to Preparation of Profit and Loss Statement
More Info on Financial Reporting Course Introduction to Profit and Loss Statement A Profit and Loss (P&L) statement is a money report that shows how much a company earned and spent during a certain time, like a few months or a year. It tells if the company made more money than it spent (profit) or […]
