One of the essential questions is certainly that referring to the treatment of cash. Cash
includes cash in hand, deposits repayable on demand and overdrafts. The question is: What
is cash flow? According to the British standards, cash flow is defined as ‘‘increases or
decreases in cash’’, whereas in the international accounting standards cash flow has a wider
meaning, as ‘‘cash and cash and cash equivalents’’ (Dyson, 2004, p. 298). There is
obviously a difference, and not a small one, and no less difference in the implications