https://www.taxtmi.com/article/detailed?id=10085 The article contends that the term cash flow statement in the Companies Act, Schedule III and AS 3 is a misnomer and should be replaced by fund flow statement, because statutory references and illustrations already cover cash and cash equivalents and other fund movements. The author points to the specific statutory and accounting locations where the term appears and suggests amendment via delegated legislation or notifications to align terminology with contemporary non-cash payment practices without altering disclosure substance. en-us Tue, 23 Nov 2021 06:09:47 +0530 Tue, 23 Nov 2021 06:09:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10085 The article contends that the term cash flow statement in the Companies Act, Schedule III and AS 3 is a misnomer and should be replaced by fund flow statement, because statutory references and illustrations already cover cash and cash equivalents and other fund movements. The author points to the specific statutory and accounting locations where the term appears and suggests amendment via delegated legislation or notifications to align terminology with contemporary non-cash payment practices without altering disclosure substance. Articles Corporate Laws / IBC / SEBI Tue, 23 Nov 2021 06:09:47 +0530 https://www.taxtmi.com/article/detailed?id=10085