Cash flow statement reports cash generated and spent during specific period. Acts as bridge between income statement and balance sheet. Companies can choose direct or indirect presentation method. Most companies use indirect method
Project dashboard template shows timelines, financial status and risks. Project budget template tracks costs and resource allocation. Business plan template plots progress on visual timeline
Accruals record revenues and expenses when cash hasn't changed hands. They ensure financial statements accurately reflect true financial position. Accruals improve financial statement quality by showing short-term credit details
Q4 is the last quarter of the financial year for corporations. Most companies follow calendar year, starting October 1 and ending December 31. Nike's financial year ends May 31, starting Q4 on March 1
Standard establishes principles for financial reporting of assets and liabilities. Applies to all entities except certain specific financial instruments. Focuses on present value of future cash flows
IAS 7 replaced IAS 7 Statement of Changes in Financial Position in 1977. Standard requires presentation of cash flows classified by operating, investing and financing activities. Cash flows provide basis for assessing entity's ability to generate and use cash