BSB110 Study Guide - Final Guide: Sustainable Development, Qantas, Corporate Social Responsibility
Document Summary
Cash flow statement reports cash flows (cash receipts and cash payments) during the period and explains the change in a component of financial position, namely cash from one balance sheet to the next. Predict a business"s ability to make debt payment to lenders and pay dividends to shareholders. Cash inflow receipts, debit in cash account. Cash outflow payments, credit in cash account. Three main classifications of cash flows: operating activities that relate to the provision of goods and services, key indicator of performance (income statement, current asset and current liability items ) Purchase of non- assets including investments current assets including making investments. Cash flow statement for the year ended 30th june Cash provided by operating activities compared to net profit. Includes adjusting entries which not cash flows e. g depreciation (major expense) Corporate governance: companies having a set of in-built controls to make sure that the company is operating the way it"s meant to.
