In Cash Flow Statement's presentation, is Direct Method reqd. from exam point of view? or preparing for Indirect Method as prescribed by AS3 is sufficient?
Thanks.
CA Pattanayak
(Internal Auditor)
(840 Points)
Replied 01 March 2008
CA Mohit Mohan
(c.a. profession)
(557 Points)
Replied 01 March 2008
CA Mohit Mohan
(c.a. profession)
(557 Points)
Replied 01 March 2008
KRATI
(STUDENT)
(110 Points)
Replied 02 March 2008
Mukesh Agarwal
(CA student)
(1321 Points)
Replied 02 March 2008
Garima
(Student)
(1107 Points)
Replied 02 March 2008
Anoop Shrivastava
(Free Lancer)
(476 Points)
Replied 02 March 2008
CA Chaitanya
(PRACTISING CA)
(4283 Points)
Replied 02 March 2008
We should be familiar with both the methods but as per my ref. to many suggested answers of the istitute if question doesn't mention the method to be used while solving the answer then institute suggested have been solved the answer with direct method of AS-3 I think we should follow the intitute suggested or not?
Gurdip Singh
(CA & ICWA)
(157 Points)
Replied 22 April 2008
As you can see the greats have given their verdict and it's true. prepare for both the methods to score well in exams.
CA Ravish Trivedi
(The Possibilities are Infinite...)
(772 Points)
Replied 06 September 2008
Read both method , sometimes questions have specific instruction to solve by particular method.
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