AFM: Concepts and Practice · Part B: Financial Statements and Core Banking Systems
Chapter 11: Cash flow and funds flow
Why a profitable firm can run short of cash, and the two statements that show where its money came from and went.
Buyers of the e-book, or of the print copy, which includes it, read the whole chapter. Everyone can read the free sample, pages 1 to 24 of the e-book.
In this chapter
- 11.1Profit is not cashp. 143
- 11.2Cash equivalents and the three activitiesp. 144
- 11.3Cash from operations: the indirect methodp. 145
- 11.4The direct method, and the full statementp. 146
- 11.5The funds flow statementp. 147
- Exam traps and quick checksp. 148
- Practice: 16 questions in three roundsp. 149
- Answers, with every wrong option explainedp. 151
- Make it stickp. 153
- Chapter 11 on one pagep. 154
Corrections and updates
None for this chapter so far. Every correction to the book, and any rule that changes after its date, is listed on the errata page.