효율적인 정보제공을 위한 현금흐름표 양식의 개선

The newly cash flows statement used nowadays comes originally from the statement of sources and applications of funds. In 1981, its name changed into the statement of changes in financial position by all financial resources concepts. It was changed again into the statement of changes in financial position by net working capital concepts in 1990, and finally into the current Cash Flows Statements in 1994. However, the current forms of the cash flow statements presented by the indirect description of in-flows and out-flows statement by activities are not effective in presenting the sources of funds and their operations and the elementary items involved in cash-flows from operating activities are not tangible. Therefore, it was thought, these forms needed to be changed into new forms in order to provide information effectively to users by presenting the total sum of the resources and applications of funds. It was also thought that the cash-flows from operating activities of this statement need to be classified by the detailed items Therefore, it is proposed that the reform statements(in-direct method) be introduced in order to improve these problems and provide necessary information to users. First, the statements should report gross cash in-flows and cash out-flows separately by all activities. Second, items of incomes and expenses associated with investing or financing cash flows should be distinguished from cash flows from operating activities. Third, the title of assets and liabilities items stemming from operating activities should be changed into statements of increasing or decreasing items of current assets and liabilities. Finally, the cash in-flows and cash out-flows occurred by all activities should be presented by the horizontal level without offsetting each other.