Change in method of preparing Cash flow statement

AS 135 views 2 replies

Is it possible to change the method of preparing cash flow statement from indirect method to direct method as per AS 3? If so, any specify disclosure in notes to accounts is required as per the standard?

Replies (2)

Yes disclosures from prior period changes standard is necessary. All policy changes must be disclosed

Cash flow statement is a mandatory direct method as per as3


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register