Which is more important? Cashflow or profit?

By |2023-07-17T14:00:03+10:00July 17th, 2023|Accountant Life, Business, Companies|

Which is more important? Cashflow or profit? Cashflow and profit are two of the most important financial metrics for any business. But while they’re both related to the financial performance of a company, they measure different things. Knowing the difference – and how cash and profit contribute to your success story – is a

Understanding your Statement of Cashflows

By |2023-07-03T16:29:58+10:00July 3rd, 2023|Accountant Life, Business, Companies|

The statement of cash flows, (also known as the cash flow statement), shows how your business has generated and used cash (and cash equivalents) within a specific time period. For each of the reporting categories, receipts and payments are listed (money in and money out), and this is reported as a net increase or

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