Cash flow statement from the annual report of a company listed on the Bombay Stock Exchange, namely,
Question:
Cash flow statement from the annual report of a company listed on the Bombay Stock Exchange, namely, Vishnu Chemicals Limited is shared below:
(a) Identify the anomalies vis-à-vis the ICAI accounting standards for the same (if any).
(b) Comment on your response for (a). Who among the company insiders and the company outsiders should share the responsibilities for the error above (if any)? Discuss.
(c) Using appropriate Ind-AS on cash flow statement, suggest a few corrections to the above financial report.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a Identifying Anomalies visvis ICAI Accounting Standards Defered Tax There is a spelling error in Deferred Tax It should be Deferred Tax or Deferred T...View the full answer
Answered By
User l_998468
I have extensive tutoring experience, having worked as a private tutor for over three years. I have tutored students from different academic levels, including high school, undergraduate, and graduate levels. My tutoring experience has taught me to be patient, attentive to student needs, and effective in communicating difficult concepts in simple terms.
I have a strong background in statistics, probability theory, data analysis, and data visualization. I am proficient in using statistical software such as R, Python, and SPSS, which are commonly used in academic research and data analysis. Additionally, I have excellent communication and interpersonal skills, which enable me to establish rapport with students, understand their learning styles, and adapt my teaching approach to meet their needs.
I am passionate about teaching and helping students achieve their academic goals.
0 Reviews
10+ Question Solved
Related Book For 
Financial Accounting For Management
ISBN: 9789385965661
4th Edition
Authors: Neelakantan Ramachandran, Ram Kumar Kakani
Question Posted:
