This book is created for the practical use of the business owners banking professionals accountants and financiers. Nevertheless the book is easy to read for the accounting and audit students who would like to capture the secrets of actual business practices improve knowledge and bring their expertise in financial statements to the new level giving a rapid start to the successful carrier. The present book explains the importance of cash flow statement analysis and compares it to traditional financial analysis. The author shows two types of analyses applied to the case study and brings out the important conclusions showing how helpful cash flow analysis can be for understanding the current business state and forecasting the company''s future.
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