by Mahin | Jan 30, 2023 | Accounting, Business
Cash Flow Statement: Understanding Your Company’s Financial Health
A cash flow statement is a financial document that shows the inflow and outflow of cash in a company over a specific period of time. It helps businesses understand their financial health by presenting a detailed picture of how cash is being generated and used. This statement is an essential tool for companies to monitor their cash position, plan future investments, and make informed decisions.
The cash flow statement has three main sections:
- Operating activities: This section shows the cash generated and used in daily operations, such as sales and expenses. It provides insight into the company’s ability to generate cash from its core business operations.
- Investing activities: This section includes cash transactions related to investments, such as purchasing or selling property, equipment, or securities.
- Financing activities: This section shows the cash transactions related to financing the company, such as issuing or repaying debt, issuing or purchasing equity, and paying dividends.
By analyzing the cash flow statement, companies can identify trends and patterns in their cash position, determine areas where improvements can be made, and make informed decisions about future investments and financing.
In conclusion, a cash flow statement is a crucial tool for businesses to monitor their financial health and make informed decisions. It provides a comprehensive picture of cash transactions, highlighting areas of strength and weakness and helping companies plan for the future. It is essential for companies to regularly review and analyze their cash flow statement to ensure their financial stability and growth.
Here’s an example of a simple cash flow statement for a fictional company “ABC Inc.” for the period of January to December 2022:
Cash flow from operating activities:
- Net income: $100,000
- Depreciation expense: $20,000
- Accounts receivable increase: $10,000
- Accounts payable decrease: $15,000
Cash provided by operating activities: $105,000
Cash flow from investing activities:
- Equipment purchases: $(30,000)
- Sale of investments: $5,000
Cash used in investing activities: $(25,000)
Cash flow from financing activities:
- Issuance of long-term debt: $35,000
- Repayment of long-term debt: $(20,000)
- Common stock issued: $15,000
Cash provided by financing activities: $30,000
Net increase in cash: $110,000
Note: The above cash flow statement shows that ABC Inc. generated $105,000 from its operating activities, used $(25,000) in investing activities, and received $30,000 from financing activities. As a result, the company had a net increase in cash of $110,000 during the period of January to December 2022.
by Mahin | Jun 13, 2022 | Uncategorized
Top Twenty CA Firm in Bangladesh
List of Top 20 CA Firms in Bangladesh 2022 with Contact Details. The Institute of chartered accountant of Bangladesh ICAB is the regulatory body for the profession of accountants for Bangladesh. , lot of peoples are trying to find the Best CA firm for Professional service & articleship training, If A CA Candidate can be done ca articleship from below top 20 CA firm then it will definitely add value to your Career. These firms are specialized in different fields like auditing, taxation, finance, Value added tax & acquisition, etc.
In this article CA Candidates can find Top twenty Chartered Accountant (CA) Firms in Bangladesh. check out the top 20 ca firms list 2022. After Providing List of CA Articleship Firms in Dhaka, Chittagong, Sylhet , & Khulna. Here we are providing a List of Top 20 CA Firms in Bangladesh 2022 with Contact Details and firm details.
KPMG in Bangladesh is represented by Rahman Rahman Huq, Chartered Accountants (RRH) and KPMG Advisory Services Limited (KASL
9 Mohakhali Com. Area (11th & 12th Floors)
Dhaka-1212 Ashfaq FCA Dhaka
(F) +880-2-9886449
(E) kpmg-rrh@citech-bd.com
(W) ww w .rahman-rahman-huq.com, www.kpmg.com
- Qasem & Co. Chartered Accountants (AQC) is one of the oldest accounting firms in Bangladesh. Founded in 1953 by Late Abul Qasem, FCA, one of the first practicing Chartered Accountants in Bangladesh, and also the First President of the Institute of Chartered Accountants of Bangladesh (ICAB), AQC has been providing a broad spectrum of streamlined and specialized services in Assurance, Tax and Advisory.
Gulshan Pink City
Suites #01-03 (Level-7)
Plot # 15, Road # 103, Block- CEN(C)
Gulshan Avenue, Dhaka-1212
(O) +880-2-8881824-6
(F) +880-2-8881822
(E) aqasem@aqcbd.com
MABS & J Partners (formerly known as Saha Mazumder & Co) is a firm of Chartered Accountants established through the merger of two separate firms, M/S B. B. Saha & Co, Chartered Accountants (est. 1979) and M/S Mazumder & Co, Chartered Accountants (est. 1981). The experience of the firm is thus reckoned as around 42 years under the license of the Institute of Chartered Accountants of Bangladesh (ICAB).
SMC Tower (7th Floor),
33 Banani C/A, Road #17,
Dhaka 1213,
web:https://mabsj.com/
Email: info@mabsj.com
Contact:+88 02 222275057-58
+88 02 222275365-66
4.Hoda Vasi Chowdhury & Co
Hoda Vasi Chowdhury (HVC) is one of the leading and oldest professional services firms in Bangladesh. For about 50 years, HVC has provided high-quality financial, taxation and management services to a diverse and successful client base operating across various industry and business segment. It started its practice in this vision in 1962 under the name and style “A F Ferguson & Co”, a Scottish firm. Since then, as an innovative and highly professional public accounting and consulting firm, HVC serves as trusted auditor and valued advisor to over 1,000 clients by delivering objective, clear and practical advice to help our clients grow and succeed in their chosen field.
Gulshan Pink City
Suites #01-03 (Level-7)
Plot # 15, Road # 103, Block- CEN(C)
Gulshan Avenue, Dhaka-1212
(O) +880-2-8881824-6
(F) +880-2-8881822
(E) aqasem@aqcbd.com
ACNABIN is one of the largest accounting firms, representing Baker Tilly International as an independent network member firm in Bangladesh providing assurance, tax and business consulting service ensuring high quality.
Chartered Accountants
BDBL Bhaban (13th Floor)
12 Kawran Bazar Com.Area
Dhaka-1215 Md. Rokonuzzaman
(O) +880-2-8144347-52 Md.
(F) +880-2-8144353 Md..
(E) acnabin@bangla.net
(W) www.acnabin-bd.com
Grant Thornton Bangladesh is represented by Howladar Yunus & Co. and Grant Thornton Consulting Bangladesh Limited. Howladar Yunus & Co. is one of the leading firms of chartered accountants in Bangladesh, with 8 partners, 2 directors, and more than 150 staff providing professional services. The firm is supported in the advisory venture by Grant Thornton Consulting Bangladesh Limited, offering services across both operational and transactional advisory
67 Dilkusha Com. Area
Dhaka-1000
(O) +880-2-9551872, 9554119, 9552989
(F) +880-2-9552989
(E) hyc@howladaryunus.com
W) www.howladaryunus.com
8. Syful Shamsul Alam & Co
Syful Shamsul Alam & Co (SSAC) was established in 1993 under the name of Syful Islam & Co. The firm became Syful Shamsul Alam & Co in February 2003. In more than two decades of the Firm’s operations, SSAC maintained successfully its reputation for professional competence, excellence in assisting its clients and upholding professional standards and ethics in Bangladesh.
Chartered Accountants Paramount Heights (Level 6)
65/2/1, Box Culvert Road Md.
Purana Paltan Dhaka-1000
(O) +880-2-9555915,9515431, 9515491 Md
(M) 01711-523251, 01819-162962,01715-013489
(F) +880-2-9560332
(E) syful@ssacbd.com
(W) www.ssacbd.com
M/S. M. J. ABEDIN & CO, (MJA) Chartered Accountants, a Six-Partner Partnership Firm, was established in 1965 and presently practising with the permission from the Institute of Chartered Accountants of Bangladesh (ICAB). From inception, MJA partners have been undertaking complex, intricate and challenging auditing as well as financial consulting services to gain and earn reputation locally. Gradually, the firm was appointed by the multinational companies, ADB, IDA, KFW, SIDA and GoB financed projects. Our skilled and experienced auditing experts are being hired by the overseas auditing firms to conduct financial and performance auditing and evaluation and reviews of procurements in line with Bangladesh Standard on Auditing (BSAs) and guidelines issued and adopted by the World Bank, Asian Development Bank, European Union and KFW of Germany.
National Plaza (3rd floor)
109 Bir Uttam C.R. Datta Road
Dhaka-1205
(O) +880-2-8629771, 8612203
(F) +880-2-8617681
(E) mjabedin@bangla.net
10.Masih Muhith Haque & Co
Masih Muhith Haque & Co. is a leading Chartered accountancy firm in today’s Bangladesh. Established in 1985, our journey to date is a mission with 35+ years of enriched experience, during which we have served notable national and international clients operating across a wide variety of sectors.
UTC Building, Level No. 13
8, Panthapath, Dhaka-1215
(O) +880-2-9144357, 9130675
(F) +880-2-8119252
(E) info@masihmuhith.com, mmh@inetbd.com
(W) www.masihmuhith.com
