source and application of funds

= source and disposition of funds
A statement describing how a business has raised and used its funds for a specified period. Sources of funds are typically trading profits, issues of shares or loan stock, sales of fixed assets, and borrowings. Applications are typically trading losses, purchases of fixed assets, dividends paid, and repayment of borrowings. Any balancing figure represents an increase or decrease in working capital Formerly, a statement of source and application of funds (a funds flow statement) was required by Statement of Standard Accounting Practice 10, Statements of Source and Application of Funds, to be produced by a company if its turnover or gross income was above a specified threshold. However, this is now obsolete since SSAP 10 has been withdrawn and replaced by Financial Reporting Standard 1, Cash Flow Statements.

Big dictionary of business and management. 2014.

Look at other dictionaries:

  • source and application of funds — ˌsource and appliˌcation of ˈfunds also sources and uses of funds noun [uncountable] ACCOUNTING information contained in a company s accounts about the flow of money into and out of the company over a particular period of time, including… …   Financial and business terms

  • source and application of funds — source and disposition of funds A statement describing how a business has raised and used its funds for a specified period. Sources of funds are typically trading profits, issues of shares or loan stock, sales of fixed assets, and borrowings.… …   Accounting dictionary

  • source and application of funds statement — ➔ statement …   Financial and business terms

  • source and application of funds statement — /sɔ:s ən ˌæplɪkeɪʃ(ə)n əv fʌndz ˌsteɪtmənt/, sources and uses of funds statement /ˌsɔ:sɪz ən ˌju:zɪz əv fʌndz ˌsteɪtmənt/ noun a statement in a company’s annual accounts, showing where new funds came from during the year, and how they were used …   Dictionary of banking and finance

  • source and application of funds statement — Fin see cash flow statement …   The ultimate business dictionary

  • statement of source and application of funds — Fin see cash flow statement …   The ultimate business dictionary

  • source and disposition of funds — source and application of funds …   Accounting dictionary

  • application of funds — ➔ source and application of funds …   Financial and business terms

  • funds flow statement — See: source and application of funds …   Accounting dictionary

  • Business and Industry Review — ▪ 1999 Introduction Overview        Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… …   Universalium


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