HOW DO PREPARE CASH FLOW
- 2 Answers
- 5571 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / anudeep
cash flow statement is prepared according to accounting
standard 3.
in cash flow we need to clasify accounting information into
operating activities and invesment activities and financial
activities
before going to prapare first we need to understand what is
the motive of the cash flow statement
cash flow statement can be prepared by using either direct
method or indirect method
but accounting standard 3 recommends only indirect method
but in case of insurance companies as per insurance
companies act,1938 cash flow statement should be prapared
acording to direct method.
for more details see accounting standard 3
| Is This Answer Correct ? | 10 Yes | 0 No |
Answer / sathish
the following points take to considered for cash flow
1. opening cash and bank balance
2. any capital gains or losses
3. working capital
4. depreciation of assets
| Is This Answer Correct ? | 8 Yes | 2 No |
Why does the accounting equation have to balance?
Do you know what is project implementation?
what made you take up present subject/area of specialization and what would you define as your career objectives
Capital Redemption Reserve fund and its uses.
what do you mean by the word Purchase
If salary paid per month Rs 40000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)
What is the Journal entry for Bad Debt recovered.
How to do foreign currency payment
What is capital?
prepaid expense ,how to treat in profit & loss a/c
What is ERP? Diff b/w Income & Expenditure a/c & P/L a/c? What is the fullform & the application of SAP? What is the reasons where Balance sheet will not tally?
Where is the reserve
Audit 
