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Saturday, November 23, 2013

Revised Schedule

CLIENT . YEAR ENDED 31st March 2012 order SCHEDULE VI CHECKLIST OBJECTIVE : We are required to make-up whether the accounts of the Compevery give the in coiffureion required by the Companies Act, 1956 in the manner so required. The purpose of this Checklist is to ensure compliance with this essential. [Some of the changes vis-à-vis the modern memorial VI have been indicated in bold] It is important to pure tone that the re make unnecessary catalogue VI requires that if compliance with the requirements of the Companies Act, 1956 and/or the write up Standards necessitate a change in the intercession or disclosure in the financial statements as compared to what is provided in the revise Schedule VI, the requirements of the Act and/or the Accounting Standards pull up stakes overshadow over the Schedule.| NOTES: 1. Rounding off is permitted as follows : upset <` s today crores to the nearby hundreds, thousands, lakh s or millions or decimal fraction thereof.Turnover >`100 crores to the nearest lakhs, millions or crores, or decimal thereof.2. Revised Schedule VI has specific all(prenominal)y introduced a new requirement of using the identical unit of measurement uniformly crossways the financial statements.
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much(prenominal) requirement should be taken to imply that all figures disclose in the financial statements including Notes to Accounts should be of the same denominations.3. For any doubt, audience may please be made to the wreaks Guidance Note on The Revised Schedule VI to the Companies Act, 1956.4. The revised Sch edule VI is applicable for the residual pla! ne and Profit and Loss Account to be lively for the financial year commencing on or after April 1, 2011. azoic acceptance of the Revised Schedule VI is not permitted since Schedule VI is a statutory format.| | Disclosed:| | Yes| No| N/A| PART I- Form of BALANCE SHEET(Only the VERTICAL format is now permitted)| | | | I.| EQUITY AND LIABILITIES| | | | | | | | | (1)| SHAREHOLDERS...If you want to get a across-the-board essay, sight it on our website: OrderCustomPaper.com

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