Accounting (AS)·Company accounts · NSSCAS 2.3.2
The statement of cash flows
Narrated lesson · press play
A company can make a big profit and still have no money in the bank to pay wages — this lesson explains why, and shows you how the statement of cash flows tracks where the cash really came from and went. You will learn the difference between a cash flow statement and a cash budget, then build the full NIED format step by step for a Namibian company. Preparing this statement is a classic Paper 1 structured question worth big marks.
What you'll learn in this lesson
By the end you should be able to (NSSCAS Accounting (AS) 2.3.2):
- explain the purpose of a statement of cash flow
- explain the difference between a statement of cash flow and cash budget
- prepare a statement of cash flow
Loading your lesson…
You're watching a free 3-minute preview — create a free account to keep going.
Quick revision
Revise this in 5 minutes
Miss Olivia and Mike talk through the whole topic — with the figure and working drawn live.