financial statments

cash flow statement is a financial statement and it includes fund flow statement

Originally posted by : Mohit Jangid
	cash flow statement is a financial statement and it includes fund flow statement

but co. is not required to prepare fund flow ,.,.,., so how can it be a part of fs

NO FFS are not the part of Financial statements....

Yar kisi bhi company ki Statements dekh lo..

 NO one prepares them,...

Dear all,

Components of Financial Statements.

A complete set of Financial Statements normally consists of 

• a Balance Sheet,
• a statement of Profit & Loss and
• a Cash Flow statement together with (a) notes (b) statements and (c) other explanatory materials that form integral parts of the Financial Statements

The above component parts of Financial Statements are interrelated because they reflect different aspects of same transactions or other events.   

Each above component although provides information that is different from each other, none in isolation is likely to serve any single purpose nor can any one provide all information need by users like you and me, rest of the persons living in economic world.

From:

Venkateswara Rao Sapare

no - - - - - - -- - - -- - -- -- - - - - - -  -- - -

Mr Venkateswara Rao Sapare is absolutely correct!

As per Indian GAAP it's not mandatory to prepare but now as per IFRS.. it's going to be mandate, because according to International standards CFS is a part of financial statements.

Only listed companies(having some specific criteria).

1)Balance Sheet

2)Profit & Loss a/c

3)Cash Flow Statement

Notes to Accounts is mandatory for every company.

But Cash Flow has to be complied with only for Level I Enterprises. Funds flow is not required to be prepared and furnished even for a Level I Enterprise

no

no it can never be a part of Fin Statements.

even in annual report no FFS is attached.