Management Accounting- fund flow statement ( Meaning & format)
Fund flow statement is an important chapter in management accounting. Fund flow statement is a statement which shows inflows and outflows of fund. I.e sources and application fund. Fund means working capital.
In this two important statements are there. schedule of changes in working capital and fund flow statement. fund from operation is also prepared in this lesson. This video explains two statements and also includes the format of fund from operations.
Fund flow statement is prepared in statement form or account form . In this video fund flow statement is shown in accounting format.
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