Question
Question 2: The cash flow statement is a mandatory part of a companys financial reports, it records the amounts of cash and cash equivalents entering
Question 2:
The cash flow statement is a mandatory part of a companys financial reports, it records the amounts of cash and cash equivalents entering and leaving the company. The cash flow statement analyzes the cash income and expenditures during a financial period and it has three parts which show the variations in the firms cash flows including operational, investment, and financial activities.
Required:
Discuss the following requirements with illustrative examples from any company in United Arab Emirates or GCC.
- Concept of the Cash Flow statement
- Objective of Cash Flow Statement
- Scope of cash flow statement
- Applications of cash flow statement
NOTE: Please give Examples in Each one of them from any company in United Arab Emirates or GCC ONLY
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