Cash Flow and Fund Flow Statement

Cash flow statement compulsory under Companies Act

compulsory under companies act for companies having turnover of atleast 50 crores.

Under section 211(3C) of companies act, every company is required to comply with Accounting Standards. AS 3 requires CFS to be prepared by Level I enterprises.

FFS is not required under companies act or income tax act.

 it is under companies act n not under it act,thank you.

Accounting Standard need to be followed as per section 211 Companies Act. AS 3 is on Cash Flow so as per Companies act Cash Flow is compulsory. As we dont hava any AS on Fund flow so Fund flow is not compulsory as per the same section. There are no other section in Companies Act by which Fund flow is compulsory and we will not see any fund flow statement in the final accounts of any company.

Cash flow is compulsory for below mentioned catagories of organisation:- 

1. Organisation whose Equity or Debt securities are listed in India or abroad.

2. Co operative banks & other banks, Financial enterprises & Insurence Companies.

3. Organisation whose turnover (except other income) exceeds Rs 50 crore.

4. Organisation having borrowings exceeds Rs 10 crore.

5. Holding or Subsidiary of above organisations.

I wants to learn 'How to prepare Fund Flow? ' 

Please,  give some hints through e-mail 

sagarbandarkar @ ymail.com

can anybody help me?

I am preparing for PCC. I wants to bought book on Financial Management.  Which author's book will help me to study enthusiasticlly and deeply FM.

Please reply through e-mail

sagarbandarkar @ ymail.com

Hi Sagar...

For PCC and PE 2 level, RAVI.M.KISHORE's book is vry good.

You can rely on this book.

we should understand fund flow first & then cash flow

both r interlink between them

         Preparation of cash flow and fund flow is necessary under companies act since it clears the picture of true financial position. It explains the proper sources of funds and its application in a proper manner.

i want to learn making fund flow statement? could any one send me a soft copy in excel?

thanks

my email id is gajanan_mestry @ yahoo.co.in