Applicability of as 3 cash flow statement

This query is : Resolved 

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

21 September 2012 No, cash flow is not requried

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


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