About Cash Flow

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Thanks to my soon-to-be ACCA accountant brother, I'm able to pick up a new skill called - Studying the cash flow.

I always thought that cash flow does not matter as long as the company is making money.

After 3 hours of hellish training, I suddenly see how lively cash flow is.

Income statement and balance sheet is about performance while cash flow is about activities of company and healthiness.

A company can earn big deal of money but facing bankruptcy in near future if they couldn't manage their cash well.

It's same like an Olympic champion undertakes drugs to boost performance.
One day he might end up in terrible illness.

I feel that after the free course I'm one step nearer to my goal.
I have a clearer view on companies now.

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