Amal G Cherian (student) (37 Points)
24 November 2023Is it possible to change the method of preparing cash flow statement from indirect method to direct method as per AS 3? If so, any specify disclosure in notes to accounts is required as per the standard?
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 25 November 2023
Yes disclosures from prior period changes standard is necessary. All policy changes must be disclosed
sabyasachi mukherjee
(27574 Points)
Replied 26 November 2023
CAclubindia
