Cash is the lifeblood of any business, and without it survival is very unlikely
business
Description
Cash is the lifeblood of any business, and without it survival is very unlikely. Do you agree or disagree? Explain what information a statement of cash flows provides to supplement that provided by a statement of financial position and an income statement. Why is there still some controversy surrounding published statements of cash flows? How important are such statements in terms of the financial reporting requirements within the UK?
