Statement

A cash flow projection is a vital financial tool that estimates the future inflows and outflows of cash for a business. It helps ensure sufficient liquidity to meet obligations, manage unexpected expenses, and plan for growth. Effective cash flow projections support better decision-making and long-term financial stability.

The Statement of Comprehensive Income provides a complete view of a companys financial performance, including both net income and other comprehensive income. It reflects not only operational results but also gains and losses that are not included in profit or loss, offering a fuller picture of financial health.

The Statement of Financial Position, also known as the balance sheet, is a key financial report that reflects a company's financial status at a specific point in time. It provides an overview of assets, liabilities, and shareholders' equity, offering valuable insights into the business's liquidity, financial stability, and capital structure for informed decision-making.