Dear All,
Please guide me how to preapre consolidated cash flow statement for the First Time?
Whether it would be prepared using Consolidated Balance Sheet and consolidated Statement of Profit and Loss or thourgh by consolidating line by line item of separate financial /cash flow statements of the group companies?
I suggest you to prepare it from Consolidated Balance Sheet & Consolidated Profit & Loss so that you may not confused.
| Originally posted by : Vinay Barua | ||
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Dear All, Please guide me how to preapre consolidated cash flow statement for the First Time? Whether it would be prepared using Consolidated Balance Sheet and consolidated Statement of Profit and Loss or thourgh by consolidating line by line item of separate financial /cash flow statements of the group companies? |
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And Intra-group transactions are eliminated.
CAclubindia
