Meaning of the word "statement of cash flows" in English
What does "statement of cash flows" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
statement of cash flows
US /ˈsteɪtmənt əv kæʃ floʊz/
UK /ˈsteɪtmənt əv kæʃ fləʊz/
Noun
a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing, and financing activities
Example:
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The accountant prepared the statement of cash flows for the quarterly report.
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Understanding the statement of cash flows is crucial for assessing a company's liquidity.
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