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Key Difference – Direct vs Indirect Cash Flow Direct and indirect cash flow are two methods of arriving at the net cash flow from operating activities in the cash flow statement. Cash flow statement consist of three main sections: net cash flow from operating activities, net cash flow from investing activities and net cash […]
Key Difference – Cash Flow vs Fund Flow Statement The cash/fund availability is a vital aspect for the routine survival of the business. Cash flow statement and fund flow statement are two key statements prepared by companies. However, these two statements are often confused since the purpose of both is to demonstrate the cash/fund […]
Key Difference – Balance Sheet vs Cash Flow Statement It is important to measure and record the company performance in order to evaluate the results and arrive at decisions for the future. Such information is reported to relevant stakeholders through year-end financial statements. Balance Sheet and Cash Flow Statement are two of the main […]
Key Difference – Financial Reporting vs Financial Statements A business conducts a number of transactions and has many interested parties. The activities of the business become more complicated as it grows, thus a proper mechanism is required to govern such activities. The importance and requirement for transparency in financial activities in companies have increased […]
Income Statement vs Cash Flow Statement The key difference between income statement and cash flow statement is the basis that is used to prepare these statements; for the income statement it is the accrual basis whereas for cash flow concept it is mere cash basis. Income statement and cash flow statement are two types of […]
Cash Flow Statement vs Cash Flow Projection Those who are learning to understand different financial statements, must learn to understand the difference between cash flow statement and cash flow projection too as they provide two different views of the financial health of an organization. Businesses prepare a number of financial statements including income statements, […]
Fund Flow vs Cash Flow When a business prepares their year-end accounts they prepare three statements that include the income statement, Balance sheet, and the cash flow statement. Additionally, companies also prepare the retained earnings statement and funds flow statement to obtain better insight of business activities. The cash flow statement and funds flow […]
