Consider the situation and please help.
The company is a Private Limited Company
It is not a small and medium sized company (not a level one company)
Is it mandatory to attach Cash Flow under AS-3?
Anand A H (Audit Assisstant) (55 Points)
21 January 2009Consider the situation and please help.
The company is a Private Limited Company
It is not a small and medium sized company (not a level one company)
Is it mandatory to attach Cash Flow under AS-3?
sneha
(student)
(43 Points)
Replied 21 January 2009
cash flow statements are only required or mandatory for level 1 company.
CA SUDIPTA SINHA
(Commerce Coaching- Accounts Cost FM)
(735 Points)
Replied 21 January 2009
no, in case of private limited company it is not mandatory to attach CFS as per AS3. only level 1 coms are required 2 do that,......
Anand A H
(Audit Assisstant)
(55 Points)
Replied 22 January 2009
Originally posted by :sudipta sinha | ||
" | no, in case of private limited company it is not mandatory to attach CFS as per AS3. only level 1 coms are required 2 do that,...... | " |
the issue is the company is a level 1 company and it as also a pvt. ltd. company. so from which angle should this be taken?