A cash flow statement is typically prepared

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How are the Cash Flow Statement and Balance Sheet related?
Posted by:
حسين محمد ياسين
08-February-2016

• before the balance sheet is prepared

• after the balance sheet is prepared but before the income statement is prepared

• after the income statement is prepared but before the balance sheet is prepared

• after both the balancesheet and income statement are prepared

Accounting Accounts Payable Accounts Receivable Finance

Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2016/02/15

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11 Answers

by Abdul Mannan Raj , Manager Finance & Accounts , Maxcon FZCO

After the preparation of both BS and IS.

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by Modassir Meraj , HR Coordinator , Transguard Group

after both the balance sheet and income statement are prepared

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by Ali Al Ayesh , Senior Accountant , AES Arabia LTD

I'm sure that option#4 is the right answer

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by Anwar Ahemad Khan , Chief accountant Cum Office Incharge , Culligan Kuwait for Water Treatment Equipment WLL

A cash flow statement is typically prepared _.

after both the balance-sheet and income statement are prepared

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by Abu Bakar Ashfaq , Senior Consultant , PricewaterhouseCoopers Middle East

Cashflow is prepared after both the balance sheet and income statement

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by Arnel Yabao , SALES SUPPORT OFFICER , Almana and Partners w.l.l

Cash flow statement prepared after both balance sheet and income statement has prepared. The main goal of the cash flow statement is to provide an accurate picture of the cash inflows, outflows, and net changes of cash during the accounting period. The statement is prepared by calculating net changes to cash from operating, investing, and financing activities. The total increase or decrease in cash for the current year is added to the ending cash from the prior year to calculate the ending cash and cash equivalents for the current year.

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