Cash Flow Statement Assignment

Added on - 06 Jun 2020

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TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1TASK..............................................................................................................................................1Concept of cash flow statement..................................................................................................1Difficulties in preparing cash flow statement.............................................................................2Value of cash flow for evaluating performance of company.....................................................3CONCLUSION................................................................................................................................4REFERENCES................................................................................................................................5
INTRODUCTIONCash flow statement is a financial document which define all monetary items in afinancial document. It is an important instrument for a company that helps in taking effective andsuccessful decision within correct period of time (Bodie, 2013). In simple terms, it can be saidthat it shows inflows and outflows of cash for certain period of time. This project is based onHilton hotel which offer best quality services and provides high quality of products and servicesto clients so that their needs or wants can be satisfied. This assignment will explain about theconcept of cash flow statement, difficulties while preparing it and value of same for evaluatingthe performance of company.TASKConcept of cash flow statementIt is an important document for those companies whose shares are traded publicly. Itdiscloses to U.S. Securities and Exchange Commission on quarter basis in which all monetaryitems are shown. In other words, it can be said that it is a summary of inflow and outflow of cashin a company over an accounting period.This document contains all those items which are actually spent or received by thecompany that means no accrual basis transaction will be shown in this document. It is made foranalysing the timing, future cash flows, etc. On this basis, Hilton hotel can prepare their budgeteasily and effectively. This document contains three types of activities which are explained asbelow-1
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