HOW DO PREPARE CASH FLOW
- 2 Answers
- 5584 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 |
What is the difference between CASH FLOW and FUND FLOW?
What is the limitaion of the Trial Balance?!
What is an adjusting journal entry?
what is the journal for bank charges? Give me sms on this no. 9885789716
As a Manufacturer we are paying service Tax on Inwards freight and the same amount we are taking as a credit against payment of Excise duty. So,Pls clarify how to pass JV
What is the bank reconciliation and simple explanation of BRS.
what is journal entries
Under which category in the balace sheet will closing stock appear
What is the meaning of Central Excise and State Excise Duty & also want to know differnec between them
Dear sir, previosly i worked with hospital there i maintain only accounts only in tally, but now iam change my company to manufacturing unit there they using accounts with inventory there when we open tally i finding more options why?
Why we show always closing stock in credit?
What is the difference between depreciation and amortization?
Audit 
