dear sir/mam
kindly let me whether it is madatory to prepare cash flow statement for private limited companies and attach it with annual report.
thanks in advance
Sai Prasadh (Investment advisor) (139 Points)
18 May 2015dear sir/mam
kindly let me whether it is madatory to prepare cash flow statement for private limited companies and attach it with annual report.
thanks in advance
Deepak Gupta
(CA Student)
(15922 Points)
Replied 19 May 2015
From F.Y. 2014-15 onwards, cash flow statement is a compulsory part of the financial statement except in the case of one person company, dormant companies and small companies [Refer to section 2(40) of the Companies Act, 2013].