Fund Flow Statement Meaning Objectives Preparation Guide
If you like this article then please like us on Facebook so that you can get our updates in future ……….and subscribe to our mailing list ” freely “ Meaning Fund Flow Statement Funds flow statement is based on the concept of working capital while cash flow statement is based on cash which is only one of the element of working capital. Fund means Working capital – difference between current assets and current liabilitiesFunds flow statement analyses the reasons for change in financial position between two balance sheetsFunds flow statement shows the inflows and outflows of funds – Sources and Application of funds during a particular period...