WORKING CAPITAL STATEMENT Definition

Bookmark and Share

WORKING CAPITAL STATEMENT (WCS) is part of the financial statements "Statements of Cash Flows or Changes in Financial Position." The WCS normally includes sections covering: Sources of Working Capital, Uses of Working Capital, and Working Capital Changes.

Learn new Accounting Terms

REFERENDUM is when a legislative act is referred for final approval to a popular vote by the electorate, e.g., a bond referendum.

SERIAL BOND is a bond issue in which the bonds mature periodically over a number of years.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.