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005-030 - Statement Of Source And Application Of Funds

This paper is a commentary on the Statement of Source and Application of Funds. A Statement of Source and Application of Funds should accompany each set of financial accounts whenever they are prepared. This document helps answer the question "Where has all the money gone?" The statement is prepare ...Read more
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This paper is a commentary on the Statement of Source and Application of Funds. A Statement of Source and Application of Funds should accompany each set of financial accounts whenever they are prepared.

This document helps answer the question "Where has all the money gone?" The statement is prepared in a non-jargon format which will assist business persons to understand the financial reports.