CURRENT APPROACHES TO THE PREPARATION OF THE CASH FLOW STATEMENT AND THEIR PRACTICAL APPLICATION

Abstract

One of the important strategic goals of organizations is not only the generation of financial profit, but also the generation of liquid cash. Information on changes in cash and cash equivalents during the reporting period should be presented in the corresponding statement in the form of cash flows. This allows users of financial information to assess the ability of organizations to generate cash, as well as their ability to manage and increase the volume of future cash flows.