If you’re dealing with your company’s accounts, then you’ll likely have an idea about the importance of cold, hard cash to a business already. But when you receive cash or indeed spend it, you’ve simply got to deal with it in the correct way. And that means creating a Cash Flow Statement.
Why? Simply put, a CFS is important not only for looking at a business’s overall financial health, but to check its operating profitability. You need to know how much cash is available to pay your bills and work out a company strategy
- Define what a Cash Flow Statement is
- Demonstrate how to create a Cash Flow Statement
- Explain the importance of good cash flow to a business
Why take this course?
If you’re new to running a company’s accounts, then you’ll need to know the ins and outs of all the business dealings. How else can you keep track of finances? A CFS should be able to tell you and investors at a glance just how healthy your business is. Learning how to put one together is an investment you must make in yourself, and it’s one that will always pay dividends.
Complete the eModule to gain your certificate (subscription required).