05 January 2016
What is the definition of cash flow statement ? Please advise me such a book that can be helpful to study the concept of cash flow in a private limited company and in a limited company also
05 January 2016
Cash flow statement explains cash movement under the following 3 categories- 1. Cash Flow from Operative Activities. 2. Cash flow from Investing Activities 3.Cash flow from financing Activities Sum of these three types of cash flow reflects net increase or decrease in of cash and cash equivalents.. Again " Cash" means-Cash in hand and demand deposits and cash equivalent means highly liquid investment having maturity less than three months. . For knowing more about how to prepare a cash flow you may refer Ind AS 7 on the site of ICAI http://www.icai.org/post.html?post_id=7543
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