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Cash flow statements

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 August 2014 As per companies act 2013 cash flow also forms part of financial statements, my query is whether the format is also changed.? which one is to be adopted direct method or indirect method.?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
07 August 2014 there is option to select the menthod but most of co prefer indirect method as per as3
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Querist : Anonymous

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Querist : Anonymous (Querist)
07 August 2014 ok sir, thank you, So it applies to all comapnies whether Level 1 , 2 or 3
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
07 August 2014 Follow AS 3
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
07 August 2014 it is applicable to only level I companies only
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