As 3 and nbfcs - urgent
This query is : Resolved
01 August 2011
There is a Non-Deposit Accepting NBFC (Company).
Accounting Standard -3 Cash Flow Statement is applicable for Level 1 Enterprises only.
The company does not have the 50 crores turnover in the preceding Accounting period for applying AS3.
Is my NBFC a "Financial Institution" for getting applied AS-3.
What is "Financial Institution" for applying AS-3?
Accounting Standard -3 Cash Flow Statement is applicable for Level 1 Enterprises only.
The company does not have the 50 crores turnover in the preceding Accounting period for applying AS3.
Is my NBFC a "Financial Institution" for getting applied AS-3.
What is "Financial Institution" for applying AS-3?
01 August 2011
Please someone answer.
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