15 September 2013
Dear Sir/Madam, I want to know that what is the criteria of preparations of cash flow and fund flow statement.whether it is applicable to all the companies or not.
15 September 2013
AS 3 is applicable to the following companies only. * its equity/debt securities are listed/proposed to be listed in India/abroad. * it is a bank, FI or Insurance company. * its turn over exceed Rs. 50 crores in the previous year. * its borrowings exceed Rs. 10 crores at any time during the previous year. * it is a subsidiary/ holding company of the above said companies.