Cash flow is like blood flowing through the veins of every business entity. We can liken money flow to a foundation of a building. If a foundation of a building is not strong, the building would be susceptible to collapse. The same thing is applicable to cash flow of every business entity.
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Toye Adelaja is a Chartered Accountant. He has written many books finance and accounting. Some of his works are: 1.Financial Statements Analysis 2.Double Entry Bookkeeping 3.Financial Accounting;Basic Financial Accounting (MCQ & A) 4. Accounting for depreciation 5. Adjustment for Financial Statements 6. Cost of capital 7. Capital Budgeting
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