Management Accounting Short Note-'Cash Flow Statement Vs. Cash Budget'
Posted by Ripon Abu Hasnat on Sunday, November 29, 2015 | 0 comments
The cash flow statement looks at the past while the cash budget is for planning for the future.
Cash Flow: 1) Cash flow statement shows the cash inflow 2) Preparation done of the past events 3) Use as a tool of analysis & determine likely flow of cash 4) It starts with cash & cash equivalents & end with cash & cash equivalents. 5) Basically, it prepared for financial accounting period.
Cash Budget: 1) All expected cash receipts & estimates 2) Presentation done on forthcoming events 3) Surplus cash receipts planned for profitable investments 4) It starts with cash on hand & banks 5) It may prepared for a month, quarter, half year or annual.
You can subscribe by e-mail to receive news updates and breaking stories.
0 comments for "Management Accounting Short Note-'Cash Flow Statement Vs. Cash Budget'"
Leave a reply