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 …
A common set of Accounting Standards and Procedures
Main A common set of Accounting Standards and Procedures The Conceptual Framework of Financial Reporting under the standards of Indian Accounting describes the objective and the concepts and general purpose of …
Financials Statement of Reporting Entity
Introduction of Financials Statement of Reporting Entity As we have discussed in chapter 1 and 2 about the information which is provided for the general purpose of the financial reports, and …