Cost Accountant
22 Points
Joined October 2011
Hi ,
Need clarification on the following :
1. While preparing CMA Data there are 7 statements to tbe prepared and while preparing FFR -1 & 2 ,there are on ly 3 statements each. Aren't the figures from the CMA Data entered into the FFR's?
2. Are both these used or is only the FFR used by banks ?
I am a newcomer to this area so awas asking these questions.
Also would be great if someone explains how both these function i.e the CMA Data & FFR.
Regards,
Santosh