Home Accounting How Can a Director Make Use of a Fund Statement?

How Can a Director Make Use of a Fund Statement?

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What is Fund Statement? How is It Prepared?
Fund Statement indicates;
From which resources a company provides its financial means in a certain period of time and how it uses them.

How to prepare: it is prepared by examining the balance sheet done at the end of 2 years (a beginning of a period and the end of it) and financial statement of that year. In accordance with the data in that statement, if short term resources done in short term investments, long term resources done with long term investments and if one uses equity instead of loan and if there is not done an investment when it comes to a complication about purchasing and constriction, it will signify a smart management system.

Date: 13 March 2017

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