Non-accountants dont understand jargon such as profit, assets or equity, nor the various adjustments required by the
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Non-accountants don’t understand jargon such as ‘profit’, ‘assets’ or ‘equity’, nor the various adjustments required by the accruals principle. They do, however, understand
‘cash’. Why not save money by just issuing a cash flow statement instead of an income statement and a statement of financial position?
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Related Book For
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani
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