NCERT Chapter Summary: Cash Flow Statement

NCERT Chapter Summary: Cash Flow Statement

Cash Flow Statement: The Cash Flow Statement helps in ascertaining the liquidity of an enterprise. Cash Flow Statement is to be prepared and reported by Indian companies according to AS-3 issued by The Institute of Chartered Accountants of India. The cash flows are categorised into flows from operating, investing and financing activities.

This statement helps the users to ascertain the amount and certainty of cash flows to be generated by company.