After studying this chapter, you will be able to understand
Meaning of Cash Flow and Cash Flow Statement
Uses of Cash Flow Statement
Limitations of Cash Flow Statement
Classification of Business Transactions into Operating Activities, Investing Activities, and Financing Activities According to Accounting Standard (AS)–3 (Revised)
Preparation of Cash Flow Statement as per AS–3 by Both Direct Method and Indirect Method.
Accounting Treatment of Special Items (Non-cash Expenses and Non-operating Income)
Various Stages Involved in the Preparation of Cash Flow Statement (Six Stages With Illustrations) in Accordance With AS–3 (Revised).
The end product of the accounting process ...