business performance Make recommendations to business owners and managers about improving business performance. Financial knowledge Financial reasoning: Financial decision-making reporting 4.3 Cash flow statements Purpose of preparing a Prepare cash flow Draw conclusions about a cash flow statement statements for a sole simple cash flow Definition and trader form of statement (accompanied examples of cash flows organisation (without by the Income Statement from operating, credit sales, credit and Balance Sheet) in investing and financing purchases and credit terms of: activities. sales of non-current operating activities – assets) where cash is obtained – solve and where it is used simple problems with all investing activities – data and where major information investments in assets provided. Data and have been made or information is realised straightforward financing activities – – solve how investments have complex problems that been financed. include data and Highlight areas of concern information not or strengths in the cash previously position and make encountered recommendations for Notes to the statement action. of cash flows (e.g. reconciliation of operating cash flows to
business performance Make recommendations to business owners and managers about improving business performance. Financial knowledge Financial reasoning: reporting Financial decision-making 4.3 Cash flow statements Purpose of preparing a cash flow statement Definition and examples of cash flows from operating, investing and financing activities. Prepare cash flow statements for a sole trader form of organisation (without credit sales, credit purchases and credit sales of non-current assets) simple – solve problems with all data and information provided. Data and information is straightforward complex – solve problems that include data and information not previously encountered Notes to the statement of cash flows (e.g. reconciliation of operating cash flows to Draw conclusions about a simple cash flow statement (accompanied by the Income Statement and Balance Sheet) in terms of: operating activities – where cash is obtained and where it is used investing activities – where major investments in assets have been made or realised financing activities – how investments have been financed. Highlight areas of concern or strengths in the cash position and make recommendations for action.
ACC315116_course_v1b.docx