Statement of changes in financial position
Statement of changes in financial position also referred to as a source and use of funds statement or simply a funds statement; accounts for increases and decreases in a company’s net working capital throughout an accounting period.
Category: Banking & Finance
Previous: ← Service bureau
More from this Section
- Sweep accounts
Sweep accounts is the contracts executed between a bank and some of its deposit customers ... - Equity in the unearned premium reserve
Equity in the unearned premium reserve is an amount by which an unearned premium reserve ... - Captive insurer
Captive insurer is an insurance company established and owned by a parent firm in order ... - Corporate finance
The department of a corporation which is involved with company’s financial activities ... - Currency Put Options
The owner of a Currency put option receives the right to sell a currency at a specified ...