Can anyone tell me how do we ensure that the Short term funds are not used for long term purposes when we report for CARO 2003
what is the logic behind ensuring it?
Can anyone tell me how do we ensure that the Short term funds are not used for long term purposes when we report for CARO 2003
what is the logic behind ensuring it?
Max Payne
(employed)
(2569 Points)
Replied 04 July 2009
U can use the fund flow statement. Compare the ratios of long term and short term funds with the long term and short term assets.
The logic behind this reporting is to analyse the impact on short term liquidity.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
CAclubindia
