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Source and Use of Funds Statement

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Part of the book series: Macmillan Professional Masters

Abstract

The source and use of funds statement is the third very important document which is produced by companies to help to explain what has been going on in the business. This statement is not required by law, only recommended as good practice, indeed until recently very few firms bothered with it at all. The aim of this chapter is to help you understand why the statement is important and what it consists of, and to explain the significance of most of the items in these statements.

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© 1989 Roger Oldcorn

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Oldcorn, R. (1989). Source and Use of Funds Statement. In: Company Accounts. Macmillan Professional Masters. Palgrave, London. https://doi.org/10.1007/978-1-349-20131-0_6

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