Ind AS 115
Introduction of IND AS 115 This standard can establish principles for reporting useful information about the amount, timing, nature, cash flows, uncertainty and revenue arising from a customers contract. The basic …
Accounting
Interim Financial Statements
Interim Financial Statements is applied for Reporting when an entity is preparing for an interim financial report. Ind AS 34 is not mandatory for an entity as to when to construct …
Cash Flow Statement Financing Activities
Component of Cash Flow Statement Financing Activities Cash flows which are arising from taxes on Financing should be separately disclosed. They shall be classified as cash flows from operating activities unless …
The Statement of Cash Flows Reports
What is a use of Statement of Cash Flows Reports ? The balance sheet is considered as a snapshot of the entity’s financial resources and obligations at a particular time. The …