June 2, 2023

What is a cash flow statement?

For an organization, a cash flow statement is a useful instrument that can be used to assess a company’s performance. A cash flow statement can display the source of funds and can aid in the tracking of funds going in, and going out, of a business. Thus, it can be used to make cash forecasts in order to facilitate short-term planning. Factors that can contribute to a company’s cash flow can include operations, investment activities, and more.

A cash flow statement can show business-related costs, investments made at certain moments in time, cash inflows, and more. The data contained within a cash flow statement can provide useful information for business owners and managers, which can aid them in making decisions related to business operations.

If you would like to discuss your cash flow with one of our advisors in Huntsville, Powassan, North Bay, Orillia, or Parry Sound, reach out to us today:

- Spire Advisors of Assante Capital Management Ltd.