【正文】 ring to expensive external financing resources. The CashFlow Statement turns the operation result into an effectively cashed result. Cashflows from investment activities (CFI) are imputable to the operations of investment/disinvestment in/from invested and financial capital and reflect the deficit or surplus generated by such operations. The cash flows from financing activities (CFF) present the profits and payments related to the external finances to which the pany refers, when the cash resulted from the operation activities was insufficient to cover the investment operations and to reward the financiers (banks, shareholders). The separation of flows in relation to their origin has the advantage of further explanations concerning the pany’s financial position, by means of the partial balances resulted from paring the profits and payments specific to each activity. Simultaneously, the separate emphasis on cash and cash equivalents resulted from the period agreements and from cash surplus investments allows the factorial analysis of their variation during the respective period and the identification of the activity that generated or consumed the highest cash flows. The total cash flow is determined according to the puting method of cash flows from exploitation activities, using the direct or indirect method. The direct method operates only with cashins and payments 5 information. According to this method, the cash flows corresponding to the three activities are puted as the difference between the effective cashins and payments corresponding to the transactions and events that took place within the pany, during a financial exercise. The direct method is favored by investors, as it represents the starting point in making forecasts about cash flows, with the purpose to establish the pany’s value. The indirect method is easier to apply and preferred, according to specialists, by the managers who do not want, as we previously stated, to present to the external users the real image about their pany’s liquidity and solvency. It implies determining the cash flows from the operation activities by means of the information provided by the mitment accounting (from the Profit and Loss Statement). Thus, we start from the accounting result (which includes revenues and expenses concerning the financing and investment activity, the calculated revenues and expenses). This is adjusted with the revenues and expenses related to the investment and financing activities, and with the calculated revenues and expenses (Ristea M., Lungu C. I., Jianu I., 2021). 6 現(xiàn)金流量表概述 1 簡介 財務(wù)報表旨在確定區(qū)別于實際經(jīng)營情況和對外報表數(shù)據(jù)之間的有效的數(shù)據(jù)，目的在于可據(jù)此獲得企業(yè)存在和可持續(xù)發(fā)展的能力和價值。在國際會計準(zhǔn)則上，對現(xiàn)金流量表進行了具體規(guī)定。在這種情況下，現(xiàn)金流量的產(chǎn)生受制 度和公司的其他事項的影響是公認的，而不是當(dāng)現(xiàn)金或現(xiàn)金狀況發(fā)生變動時，并不是只是為了滿足權(quán)責(zé)發(fā)生制會計信息使用者的滿意。但是收入并非總是 利潤和費用的匯聚。以此，取決于公司盈利能力和資產(chǎn)結(jié)構(gòu)的公司的流動性成為債權(quán)人的關(guān)注點。所以資產(chǎn)負債表和所有者權(quán)益變動表的構(gòu)成成為被分析的行列?，F(xiàn)金流量表可將運營結(jié)果轉(zhuǎn)換成現(xiàn)金收支的狀態(tài)。直接法深受投資者的偏愛，因為它是對現(xiàn)金流預(yù)測的起點，進而判斷公司的未來價值。