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Corporate Accounting

   

Added on  2023-01-06

15 Pages1320 Words24 Views
Corporate Accounting
Corporate Accounting_1
TABLE OF CONTENTS
Introduction
Usefulness of income statement and the statement of cash flows
Evaluation of cash flow statement
Selecting the company for the purpose of lending
Conclusion
References
Corporate Accounting_2
INTRODUCTION
Corporate accounting is referred to as the branch of accounting which related to the
making and preparing for the cash flow statements and the final accounts for the
analysis of financial position.
This is essential in order to take decision relating to the financial position of the
company and to develop strategies for its improvement.
Corporate Accounting_3
Usefulness of income statement and the
statement of cash flows
All concerned and active participants have interest to varying extent
in financial affairs of the business enterprise.
Financial statement refers to blue print of the financial affairs.
Owners of the company reveal the progress through earnings and the
current financial conditions to investors by its financial statements.
Investors assess mainly the income statement and the cash flow
statements for reviewing the financial performance and position of
the company.
Corporate Accounting_4

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