oboloo Glossary

Detailed Cash Flow Statement

oboloo Glossary

Detailed Cash Flow Statement

A Detailed Cash Flow Statement is a comprehensive report that outlines all of the inflows and outflows of cash that are generated in the operation of a business. It lists all the sources of income earned and expenses incurred within a given period of time. The main purpose of a Detailed Cash Flow Statement is to provide businesses with a clear picture of their financial health. By looking at a Detailed Cash Flow Statement, managers can track their finances, understand how money is flowing through their organization, and make better decisions about managing resources. Additionally, it helps businesses plan for the future by giving them an understanding of what income and expenses are likely in the short and long term.