Cash flow statements : a study on Singapore incorporated companies listed on the Singapore stock exchange

• Main Authors: Hooi, Lai Fan, Lim, Fung Han, Shui, Florence Ziwen
• Other Authors: Nanyang Business School
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business::Accounting
• Online Access: http://hdl.handle.net/10356/58331
• Institution: Nanyang Technological University

SAS 7, Statement of Changes in Financial Position, which became effective for financial statements covering periods beginning on or after 1 January 1979, requires a statement summarizing the resources made available to finance the activities of an enterprise and the uses to which such resources have been put. However, SAS 7 does not specify the form of presentation nor the concept of funds of such a statement, leaving the entity to adopt the form of presentation which it sees as the most suitable.