Use the following link to answer in the question below https://www.ifac.org/_flysystem/azure-private/publications/files/ipsas-2-cash-flow-statements.pdf The IPSASs indicated some benefits of Cash Flow Information. State any two ofthese benefits to an entity and also the general public.

Use the following link to answer in the question below https://www.ifac.org/_flysystem/azure-private/publications/files/ipsas-2-cash-flow-statements.pdf The IPSASs indicated some benefits of Cash Flow Information. State any two ofthese benefits to an entity and also the general public.

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter6: Statement Of Cash Flows

Section: Chapter Questions

Problem 2Q

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Question

Use the following link to answer in the question below https://www.ifac.org/_flysystem/azure-private/publications/files/ipsas-2-cash-flow-statements.pdf

The IPSASs indicated some benefits of Cash Flow Information. State any two of
these benefits to an entity and also the general public.

Definition Definition Net amount of cash that an entity receives and expends over the course of a given period. For a business to continue operating, positive cash flows are required, and they are also necessary to produce value for investors. Investors in particular prefer to see growing cash flows even after capital expenditures have been paid for (which is known as free cash flow).

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