Applicability of as 3 cash flow statement
This query is : Resolved
Krishna Padakannaya
(Querist)
21 September 2012
Our company is subsidiary of US listed company. Because our parent company is listed in US whether Cash flow is applicable to us ?
Except above fact with all other aspects we are SMC in India.
Regards,
Krishna
Except above fact with all other aspects we are SMC in India.
Regards,
Krishna
CA Navin Jain
(Expert)
21 September 2012
No, cash flow is not requried
Krishna Padakannaya
(Querist)
23 September 2012
I am also of the same opinion. But not getting any basis to substantiate this. Can you help me locating any opinion/AS interpretation to justify this ?
Regards,
Krishna
Regards,
Krishna
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