These no-fee payment features allow you to make contactless transactions using your CIBC credit card or eligible smartphone-saving you time as you no longer have to key in a PIN or sign receipts for most purchases under $100 at participating stores.
Financing activities are transactions between a business and its creditors and investors. The financing activities section is one of three sections on a company's statement of cash flows, the other two being operating and investing activities.
Finally, finance involves analyzing the data contained in financial statements in order to provide valuable information for management decisions. In this way, financial analysis is only one part of the overall function of finance, but it is a very important one. A company's accounts and statements contain a great deal of information. Discovering the full meaning contained in the statements is at the heart of financial analysis.