Which of the following statements are not a part of the financial statements as per Companies Act?

Solution

Section 2(40) of the Companies Act 2013 say that the financial statement in relation to the company includes – a.    A Balance sheet at the end of the financial year b.    A Profit and Loss Account and in case of non-profit organizations, income and expenditure account for the financial year c.    Cash flow statement for the financial year (not mandatory for one person company, small company, dormant company or private start-up company) d.    A statement of changes in equity , if applicable e.    Explanatory notes