What question did this study set out to answer?

The aim is to explore the role of funds statements as internal reports for management in financial decision-making.

The Funds Statement as an Internal Report to Management.

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This article examines how companies use funds statements to aid financial decision-making, suggesting their importance in management.

The aim is to explore the role of funds statements as internal reports for management in financial decision-making.
Surveys conducted with companies regarding their use of funds statements
Comparison of historical and projected funds statements
Analysis of how funds statements are reconciled with budgets
64% of companies used past funds statements for current decisions.
68% of companies relied on projected funds statements for decision-making.
75% of companies integrated funds statements with their budgets.

Hector R. Anton (1955) studied this question.

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