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.
12 Replies
CA Pattanayak
(Internal Auditor)
(840 Points)
Replied 01 March 2008
Both the methods can be followed. But indirect method is prescribed, and from exam point of view u can score good marks with using indirect method.
CA Mohit Mohan
(c.a. profession)
(557 Points)
Replied 01 March 2008
both required from exam point of view.. dont listen to any person.... prepare both
CA Mohit Mohan
(c.a. profession)
(557 Points)
Replied 01 March 2008
both required from exam point of view.. dont listen to any person.... prepare both
KRATI
(STUDENT)
(110 Points)
Replied 02 March 2008
YOU SHOULD KNOW BOTH METHODS ,IF NOTHING IS MENTIONED IN THE QUS. THEN YOU SHOULD SOLVE THE QUS. BY BOTH METHOD.
Mukesh Agarwal
(CA student)
(1321 Points)
Replied 02 March 2008
read both of the methods, anyone can be asked either in acc or in costing..
Garima
(Student)
(1107 Points)
Replied 02 March 2008
You must know both the methods.
Ya from exam point of view cash flow with reference to AS3 is compulsory.
don't take any chance prepare both the methods to score good marks.
Anoop Shrivastava
(Free Lancer)
(476 Points)
Replied 02 March 2008
U Have to prepare for Both The methods, But Solve answers from the method which was asked in the question. And If nothing is mentioned in the question then solve it from Indirect Method.
CA Chaitanya
(PRACTISING CA)
(4283 Points)
Replied 02 March 2008
Both the methods should be prepared to write your exam well.....
(Guest)
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.
Recent Topics
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- Nznxnc call me at the end of the day of the
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
Related Threads
CAclubindia
