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SUMMARY

SUMMARY  > The SCFP, as a statement of financial analysis, demonstrates changes in funds (net working capital. cash and total resources) over a period of time, generally between two consecutive years. > The SCFP, based on net working capital concept, is more...

Importance and Usefulness

Importance and Usefulness The SCFP is used for two principal purposes: (i) as a means of analyzing what has happened in the past and (ii) as a mean of planning and decision making for future. As a tool of historical analysis, the statement highlights not only the...

Other Disclosures

Other Disclosures An enterprise should disclose, together with a commentary by management, the amount of significant cash and cash-equivalent balances held by the enterprise that are not available for use by it. Examples include cash and cash-equivalent balances held...