دور قائمة التدفقات النقدية في ترشيد قرارات التمويل في المؤسسة الاقتصادية

Abstract

Abstract: This study aimed to highlight the role of the statement of cash flows in rationalizing financing decisions within an economic institution, through the analysis of balances and financial ratios derived from it, the descriptive approach was adopted in the theoretical part to shed light on the various concepts related to cash flows and financing decisions, their importance, objectives, as well as the methods for calculating their indicators and financial ratios, meanwhile, the analytical approach and the case study method were employed in the practical part through a field study conducted at the High Plateaus Grains Branch in Setif during the period (2022-2024). The study concluded that the statement of cash flows is an effective tool in supporting financing decisions through the indicators it provides, which contribute to understanding the financial position of the institution, the results also showed that cash flow analysis is a key element in rationalizing financing decisions, as it provides a deep understanding of the level of liquidity available within the institution. Furthermore, the findings revealed that the institution under study has a good ability to generate liquidity from its operating activities, while adopting a cautious financing policy aimed at reducing the level of indebtedness.