Limitations of funds flow statement, Accounting Basics

Assignment Help:

Limitations of Funds Flow Statement: despite the a variety of uses of the announcement, it has convinced problems also.  They consist of the subsequent

i) It cannot substitute either an income statement or a Balance Sheet as it does not give complete information

ii) It is organized from the information enclosed in the financial statements and per se the accuracy of the information is uncertain

iii)  This declaration disregards the changes in the working capital items and thus fails to throw light on the financial position of the fear

iv)   It does not offer for uninterrupted changes


Related Discussions:- Limitations of funds flow statement

Example of physical inventory, Q. Example of physical inventory? Taking...

Q. Example of physical inventory? Taking a physical inventory may perhaps disrupt the normal operations of a business. Therefore the count should be administered as quickly and

Explain about trade discount, Q. Explain about trade discount? A trade ...

Q. Explain about trade discount? A trade discount is a percentage deduction or else discount from the specified list price or catalogue price of merchandise. Companies utilize

Which brand insulating oil tester is the best, GDYJ-503 is developed accord...

GDYJ-503 is developed according to the national standard GB-86 Insulating Oil Dielectric Strength Testing Method .The tester can test three cups of oil at the similar time. LCD scr

What is inventory obsolescence, Q. What is Inventory obsolescence? Inve...

Q. What is Inventory obsolescence? Inventory obsolescence -- inventory no longer salable. Possibly there is too much on hand,possible it is out of fashion. True value of the in

Define the opportunity cost, Q. Define the Opportunity cost? Opportunit...

Q. Define the Opportunity cost? Opportunity cost -- a useful notion in evaluating alternate opportunities. If you choosealternative A, you can't choose B, C, or D. What is the

EM131231605L27, My assignment was due to me by 9:52 my time.

My assignment was due to me by 9:52 my time.

Accounting process in operation, Accounting process in operation Micro ...

Accounting process in operation Micro Train Corporation is a small corporation that provides on-site personal computer software training using the clients' equipment. The compa

Explain benchmarking, Benchmarking A process by which a company reasse...

Benchmarking A process by which a company reassesses its established business practices by comparing them with the best practices of other organizations.  This process is desi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd