CV

CA Intermediate · Accounting

AS-3 Cash Flow Statement

Chapter 3 · 3 formulas · 4 exam-critical pointers

Core concepts

  1. 01Cash flows classified into Operating, Investing, Financing activities.
  2. 02Operating: principal revenue-producing activities (sales, payments to suppliers, taxes).
  3. 03Investing: purchase/sale of PPE, investments, loans given.
  4. 04Financing: capital raising, dividends paid, borrowing repayments.
  5. 05Direct vs Indirect method — only difference in operating section.

Flowchart

Cash Flow Statement | Operating -- Net Profit + non-cash + WC changes | Investing -- PPE, investments (in/out) | Financing -- Equity, debt, dividend | Net Change in Cash = Opening Cash + flows

Exam-critical pointers

  • Interest & dividend received: investing (general); operating (financial enterprises).
  • Income tax paid usually under operating unless specifically identifiable with investing/financing.
  • Non-cash transactions (bonus shares, asset swap) disclosed in notes — not in CFS.
  • ICAI typically asks 16-mark indirect method sum from comparative balance sheets.

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