Discuss the relevance of preparing the cash flow statement

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Financial Accounting Analysis
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• Financial Accounting Analysis
• 1. Mr. Berrybell wants to assess the ability of
  an enterprise named Anyway, so as to confirm
  whether the enterprise is capable to generate
  sufficient cash flows or not. Anyway submits the
  following information for the year ended 31
  March2017.

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• Discuss the relevance of preparing the cash flow
  statement. Indicate and comment on
• the following
•  
• Cash from operation
• Cash from investing activities
• Cash from financing activities
• Closing
•  
• 2. You are being appointed as the accounts
  executive of Jayesh Motiwala Company. The
  principal business of the company is dealing in
  pearl ornaments at its retail outlet in Jaipur.
  The management is unaware about the relevance of
  accounting standard applicable while accounting
  for the business. Your responsibility is to
  convince them to comply with the Accounting
  Standards, by giving a brief presentation on the
  objectives behind complying with the accounting
  standard and the benefits to the enterprise by
  following the same. (10 Marks)

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