07-22-2003, 03:01 AM
I would like to have some comments on the following
If an Unlisted Public Company changes the presentation of its cash flow statement from indirect method to the direct method, what would be the disclosure requirements of IAS and/or Companies Ordinance 1984 or any other SECP regulation in this change in the presentation of the Cash Flow Statement.
Would this change comes under change in accounting policy as per IAS 8?
Please also quote the section(s) reference(s) in case of any requirements.
Thank you.
If an Unlisted Public Company changes the presentation of its cash flow statement from indirect method to the direct method, what would be the disclosure requirements of IAS and/or Companies Ordinance 1984 or any other SECP regulation in this change in the presentation of the Cash Flow Statement.
Would this change comes under change in accounting policy as per IAS 8?
Please also quote the section(s) reference(s) in case of any requirements.
Thank you.
