Discuss the relevance of preparing the cash flow statement

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Financial Accounting & Analysis

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Financial Accounting & Analysis 1. Mr. Berrybell wants to assess the ability of an enterprise named Anyway, so as to confirm whether the enterprise is capable to generate sufficient cash flows or not. Anyway submits the following information for the year ended 31 March2017.

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Discuss the relevance of preparing the cash flow statement. Indicate and comment on the following   Cash from operation Cash from investing activities Cash from financing activities Closing   2. You are being appointed as the accounts executive of Jayesh Motiwala & Company. The principal business of the company is dealing in pearl ornaments at its retail outlet in Jaipur. The management is unaware about the relevance of accounting standard applicable while accounting for the business. Your responsibility is to convince them to comply with the Accounting Standards, by giving a brief presentation on the objectives behind complying with the accounting standard and the benefits to the enterprise by following the same . (10 Marks)  

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