ipl-logo

Cash Flow Analysis

1313 Words6 Pages

Week 8

June 1 – Accounting Statements and Cash Flow
The topic that I have learnt today is on accounting statements and cash flow. The statement of cash flows contains the operating, investing and financing which are primary in business activity. Inflow is when the money are received and not necessarily earned. Whereas, outflow is when the cash is paid and not necessarily incurred. The information you get from the cash flow statement can help evaluate the company’s ability to meet its obligations. The lecturer also shown some format examples of the statement of cash flow. Besides that, the lecturer also show as the steps in constructing the statement. Overall, I have learnt that the cash flow basically is the money inflows and outflows. I can …show more content…

However, nowadays this skill is missing in many accounting graduates which is a common failing in graduates in applying for jobs. They lack commercial awareness because they did not read many newspapers, journals and magazines to enhance their general knowledge. Commercial awareness can be defined as the knowledge and understanding that relates everything about the business. The commercial awareness is important because with this skill, the person can operate professionally. In contrast, without this skill, the individuals would not know what is going on around them. It takes time and effort in developing the knowledge which came from the work experience, networking and news (TV, radio, newspapers, etc.). To conclude, commercial awareness is a very important skill for my future employment and general knowledge. Therefore I can learn the skills during my research for my upcoming …show more content…

Nowadays, people skills are crucial in the workplace environment as the machine are starting to replace human beings in doing things such as manufacturing. In this mechanized era, people that have higher chances of being employed are those who are primary in people skills and teamwork. This traits are hard to find in young job applicants. Cognitive and social skills are important in the workplace therefore students are encouraged to develop these traits and be fully equipped so that they will have a higher chance to be employed in the future. Think before you talk is the best way not to offend other people. There are some advantages of having well developed social skills. Firstly, you can have more and better relationship as you can bond with many networks of friends. Besides that, you can have better communication when you talk more as you can talk more fluently as the time passed by. Moreover, it can bring greater efficiency for which you can efficiently deliver what you want to say when you have better communication skills. In addition, it can help in advancing career prospects. For instance, a leader that have good social skills can lead others effectively can help build teamwork which can lead the company to a success. Furthermore, it can increase overall happiness. For example, a manager who can communicate well with the subordinates can lead the success of a company because everybody can help each other out when

Show More
Related

Eagle Outfitters Financial Ratios Paper

705 Words | 3 Pages

The cash flow statement shows how cash comes in and disperses out from the financing, investing, and operating groups over a period of time. The heading in the statement of cash flows is similar to that of the balance sheet, income statement, and statement of stockholders’ equity by displaying the name of the entity, title of the statement, specific date of the statement, and unit of measure. Cash flows from operating, investing, and financing activities, positive or negative, over the change in cash plus the beginning cash balance, gives accountants the ending cash balance (Bethel,

Read More

One Stop Deca Cash Flow Statement

980 Words | 4 Pages

Cash flow statements explain how adjustments in the balance sheet and income affect the money the store holds. A cash flow statement also splits it up into three categories. These categories include operating, investing and financing activities. One would start by calculating the net income while adding the non-cash expenses. An example of the store´s non-cash expenses could include depreciation and amortization.

Read More

Hcs/531 Week 4 Health Care Paper

1417 Words | 6 Pages

When being placed in the role of a manager, it is important to understand the finances of the organization and how to read and understand the recording of finances. It is also important to understand how all the different parts of the records fit together to give us the knowledge of where the business is financially. Knowing also the different responsibility centers related to financial recording and how they function is important as a manager. Once a manager understands what and where items belong on a balance sheet, they will better understand the state that the business is in. “It provides you with a picture of the financial health of your practice or organization on a certain date.”

Read More

30 Scientific Ways Your Childhood Affects Your Success As An Adult Analysis

1994 Words | 8 Pages

Perfecting these skills will help when one gets older and goes out looking for a new job. Social skills can help one answer questions in job interviews, and once a person gets the job, it can help him interact with his co-workers, boss, and

Read More

Three Essential Qualities Of A FAMU

284 Words | 2 Pages

Also, good leadership skills have the ability to influence others. As a high school student, I became involved in after school tutoring of my peers and many new students. I attended school activities and had the reputation of one who was always there

Read More

Identify And Explain The Relationship Between Social Wellbeing And Social Competence

171 Words | 1 Pages

These skills are used for techniques and strategies that a person may use in a social environment. A social skill is any skill that facilitates any interaction and communication with others. These skills are vital for effective and successful social interaction. Social competence is used to describe how a person performs in a social setting.

Read More

Introductory Marketing Course Analysis

515 Words | 3 Pages

I am the owner, the manager, the designer, the accountant, the marketer and the customer service. Knowing a little bit in each area helps me operate my shop better and as a result, I have been very successful. In a marketplace where I have lots of competitors, the knowledge I obtain from marketing course allows me to strategically develop web marketing through different social media forms, to build my brand better and to help it stand out from the

Read More

Tesco Accounting Report

1656 Words | 7 Pages

Also many companies reporting related to the state of the value added or environmental information, these are concentrated in industrial sectors. The financial statements reflect the financial position of company, financial performance and cash flows of the company, it is significant to note that the correct depiction of the impacts of transactions and other events and circumstances according to the explanations and criteria identification of assets, liabilities, income and expenses go in the same outline (Brealey,

Read More

High School Musical: Forming A Positive Impact On Social Life

464 Words | 2 Pages

Social skills are used as well when needed to have a group project done because professors seek high

Read More

Leading By Example: A Leadership Analysis

717 Words | 3 Pages

For a person to be a good leader he or she must be willing to listen to their team because the smallest of ideas or opinions could make a lot of difference. The team will therefore feel a sense of importance to their common cause and things will go well because they feel appreciated and useful. Only in a situation where good leadership prevails, where one leads by example can huge benefit and success be

Read More

Advantages Of Public School

1041 Words | 5 Pages

Social skills is possibly the most important skill learned at public school other than actual learning. The social skills learned at school can be applied to everything that the students will do for the rest of their life. It is believed that it essential for students learn to interact with each other. Without

Read More

The Importance Of Accounting In Personal Finance

748 Words | 3 Pages

However, in personal finance, cash accounting is often used to define and account for events when the cash changes hands. This practically implies that in personal finance, incomes and expenses are noted when the cash is received or paid, or when the cash actually flows. In managing personal finance, the accounting process in crucial in that it records personal transactions of what flows in and what flows out. As checkbooks records most transactions with statement from bank carrying others, this accounting transaction information is summarized in financial statement and can easily be read most efficiently. Furthermore, the summary report of the income statement, cash flow statement, and balance sheet clearly show one’s personal financial status paving the way for better managing personal finance.

Read More

Self Efficacy In Adolescence

1759 Words | 8 Pages

Self efficacy plays an important role in the development of this. If an individual is approaching a situation believing that they posses the correct emotional skills to succeed in that situation then they have a greater chance of succeeding, or if they fail then they will learn from the situation. Additionally, social and emotional intelligence are crucial for interactions with peers. Peer to peer interactions are very beneficial in cognitive development. They help you learn emotional intelligence, conversational skills that enhance language, friendship and sometimes even how to acquire knowledge.

Read More

Theoretical Framework Of Social Skills

1092 Words | 5 Pages

In the context of the present study, skills are synonymous with an individual’s ability to perform an appropriate behavior in a given situation. Gilbert and Gilbert (1991) aptly draw a distinction between social competence and social skills. Social competence refers to “the ability to know about and deal with the social environment”, whereas social skills refer to “specific abilities

Read More

Reflection Paper On Leadership

702 Words | 3 Pages

Leaders also need to show everyone how to behave, and they need to be honest, show appreciation, and work towards a bright future. If a leader is not effective the whole company can fall apart. Leadership is all about the relationship between those that aim and strive to lead and those who select and follow them and work together on shared goals. I agree that poor leadership can also lead to poor customer satisfaction and also decrease profits. Being an exemplary leader does make a difference, so all of the characteristics, skills, and more you have mentioned are very important.

Read More

More about Cash Flow Analysis

Related Topics

Open Document