Page 44 - ISABS Annual Report 2021(1)
P. 44
Financial Report
Accounting - Preliminary Remark
The financial statements have been prepared in accordance with the provisions of the
Income Tax Act
Financial Achievements
Submitted all tax returns in due time
Comply all statutory compliances in due time
Despite the current pandemic situation, we have managed the net cash flow.
Net Cash Flow of an organization represents the sum over a period of the
total money received (inflow) and less the total amount of money spent (outflow) by the
Organization over the same period. It is an important measure of an Organization ability to
survive grows.
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