Answer Posted / chalapathi rao govada
According to the Revised AS-3 issued by the ICAI all listed
companies are required to prepare and publish the CASH FLOW
STATEMENT in its financial statement, Companies at their
discretion they can prepare it either usting Direct method
or indirect method.(Indirect method is recomonded by the
institute).
Cash flow statement explains the flow (in and out movement)
of cash and cash equivlaents in an organisation during
accounting period.
The generally accepted format for CFS
Opening Cash and Cash Equivalents
Adj: Cash flow from
Operating Activities (Main business operations)
Investment Activities (Investment transactions)
Financing Activities (Capital and LT sources)
Closing Cash and Cash Equivalents
Conclusion: It explains Cash we generated our cashflows
duing the accounting period (eg Opearating and Non
operating), and how cash leaves our organisation
investments, Retained earnings and repayment of long term
debt not but not least payment of taxes and dividends.
Wonderful topic for discussion........
If any one needs any clarifications or more and more
sources for this get in touch me @ 9703200360.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry
I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
distinguish between Bill of Exchange and Promissory Note
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
Explain the word Liquidation
in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule
What is deffered income
How can you actualize cah flows of 5 years at 8%
why do think you are best candicate for this post.
would gross expenditure vouch the correctness or otherwise of the given expenses?
can any one send me payables real time scenarious or any projects
describe the most complex challenge that you have faced and how you managed it
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
Expand------------STRA
what is buy bach shares?