1. Submitted by:- kapil bansal Section A Roll no. PG09052 Inmantec GHAZIABAD

3. Required by law in some cases Translation policies in respect of foreign currency items

4.  Going concern  Consistency  Accrual

5.  Treatment of goodwill  Valuation of inventories  Method of depreciation, depletion  Investments, fixed assets,

6. Valuation of inventories

7.  Determination of value at which inventories are carried in financial statements until the related revenues are recognized.  ascertainment of cost of inventories and any written down thereof to net realizable value.

8.  Asset and held for sale  Used in process of production and then we sale Example:-  merchandise purchased by a retailer and held for resale  consumables and loose tools awaiting use in the production process, land, computer software

9.  LIFO  FIFO  HIFO  Weighted average

10.  The accounting policies adopted in measuring inventories, including the cost formula used  The total carrying amount of inventories and its classification appropriate to the enterprise

11. Cash Flow Statements

12.  It includes only those items which effects cash.  It is also called as statement of changes in financial position

13.  Cash flows from (used in) operating activities Cash receipts from customers Cash paid to suppliers and employees Cash generated from operations Interest paid Income taxes paid

14. Purchase and sale of fixed assets Dividends received Interest received

15.  Dividends paid  Interest paid  Proceeds from issue of share capital

16.  Accounting standard :- 1 applicable to cipla

17.  Disclosure of Particulars in the Report of Board of Directors Rules, 1988  Directors have taken proper and sufficient care for the maintenance of adequate accounting records for safeguarding the assets of the Company and for preventing and detecting fraud and irregularities

18.  Accounting standard :- 2 applicable to Cipla

19.  During the financial year goods physically verified by management  Perpetual inventory system  Physical verification of stock followed by management are reasonable and adequate

20.  Accounting standard 3 applicable to cipla

21. Profit before tax 838.36 Net cash flow operating activity 380.20 Net cash used in investing activity -687.25 Net cash used in fin. Activity 254.84 Net inc/dec in cash and equivlnt -52.21 Cash and equivalnt begin of year 131.49

22. THANK YOU