Revised Schedule VI

Oct 21, 2012

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Introduction. Old Schedule VI had outlived its utility;Revised Schedule VI effective from 1st April, 2011;Being a statutory format its early adoption is not permitted;Revised Schedule VI has been framed as per the existing non-converged Indian Accounting Standards notified under the Companies (Ac

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Revised Schedule VI

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Presentation Transcript

Changes in Schedule VI

Changes in Schedule VI. By: Lavina Bajaj. TITLE. New Disclosures in Share Capital. A reconciliation of the number of shares outstanding at the beginning and at the end of the reporting period

299 views • 21 slides

Specific Issues Related to Revised Schedule VI

Interpretation. Not like Company Law or Income Tax. ICAI Jaipur Branch CA Rajeev Sogani 26/05/2012. . Purposive Interpretation. Consistency. Point of view of users of Financial Statements. CA Firm Same for all Auditees. Follow /

668 views • 51 slides

Disclosure Requirements for Revised Schedule VI

DMKH & CO. Disclosure Requirements for Revised Schedule VI. MALAD GOREGAON CPE STUDY CIRCLE. CA. Durgesh Kabra DMKH & Co., Chartered Accountants Mumbai . DMKH & CO. Contents. Introduction Object Methodology adopted in determining the Financial Statement. General instructions

602 views • 45 slides

Specific Issues Related to Revised Schedule VI

Specific Issues Related to Revised Schedule VI. Presentation by: CA Rajeev Sogani. Interpretation. Consistency. Purposive Interpretation. Not like Company Law or Income Tax. IFRS Regime. Lack of Literature. Point of view of users of Financial Statements.

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REVISED SCHEDULE VI

REVISED SCHEDULE VI. BALANCE SHEET AS PER COMPANIES ACT 1956. Format of Balance Sheet Name of the Company…………… Balance Sheet as at……….. ( Rupees at ……) .

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REQUIREMENTS TO REVISE SCHEDULE-VI

REQUIREMENTS TO REVISE SCHEDULE-VI. Emergence of MNC’S Rapid increase in cross border transactions. To make our financial statements to speak global language for attracting foreign funds into India. REVISED SCHEDULE - VI. Old schedule VI had outlived its utility ;

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Revised Schedule: Fall 2011

Revised Schedule: Fall 2011. Tentative!. October/November. October 31 Responsible Dissent and Justice November 2 and 4 No class; Groups will prepare “What if” dramas on their own November 7 Drama Prep class November 9 Hughes “What if” drama enactments November 11 No class

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Revised Schedule VI

Revised Schedule VI. Applicable of Financial statement to be Prepared for Financial year commencing on or after 01 April 2011 . Important Notes:-. Companies Act 1956 including notified accounting Standards prevails over Revised Schedule VI

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Revised Sch VI

Revised Sch VI. CCH ProSystem Application. What's New?. Format has been changed – now we have Balance Sheet, Statement of Profit and Loss and Notes to accounts. Disclosure requirements have increased. Information is reported based on Current and Non Current Values

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Revised Schedule VI

Revised Schedule VI. Quiz. Revised Schedule VI is not applicable for ---- any insurance or banking company, or any company engaged in the generation or supply of electricity. Within Share Capital disclosures, names of shareholders holding __ % of shares are required to be disclosed --- Five

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Frequently Asked Questions on Schedule VI

Frequently Asked Questions on Schedule VI. Shareholders’ Funds. How is Share Capital shown under Schedule VI? A. Share Capital is shown as a single amount against Share Capital on the face of the Balance Sheet.

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REVISED SCHEDULE VI

CA. Mahendra Mehta. REVISED SCHEDULE VI. These are personal views of the author and shall neither be considered as professional advise nor be constructed to be the views of ICAI, any of its Region / Branch / Study Circle. disclaimer. Quote from Swami Vivekananda.

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Revised Schedule VI – Case Studies

Revised Schedule VI – Case Studies. Current and non-current presentation – Assets . An asset shall be classified as current when it satisfies any of the following criteria given below; All other assets will be classified as ‘non-current’. 1. 2. 4.

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REVISED SCHEDULE VI – A NEW WAY OF FINANCIAL REPORTING BY COMPANIES

REVISED SCHEDULE VI – A NEW WAY OF FINANCIAL REPORTING BY COMPANIES. FINANCIAL STATEMENTS – COMMON UNDERSTANDING Vs FACTS. Common Understanding Financial statements are complicated and are only meant for bankers, accountants and equity analysts.

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The Revised Schedule VI To The Companies Act, 1956

The Revised Schedule VI To The Companies Act, 1956. CA ANIL MOOKIM D H A N B A D. POINT OF DISCUSSION. Pre-revised schedule VI to The Co. Act,1956 Revised schedule VI to The Co. Act,1956- - main priciples changes in Balance Sheet & Profit & Loss

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Revised Schedule

Revised Schedule. Anthropology 100. New Sequence for Topics and Readings. Due to a number of circumstances, we are adjusting the timeframe and lecture/reading schedule for the class: Week 7: Monday—Subsistence (Kottak Chapter 8)

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Study Circle Meeting on: Revised Schedule VI under Companies Act, 1956 Organised by:

Study Circle Meeting on: Revised Schedule VI under Companies Act, 1956 Organised by: PUNE WEST CPE STUDY CIRCLE OF WIRC OF ICAI. Structure of Presentation. Setting the Context Structure of Revised Schedule VI Key Changes Brain Storming on Issues Key Takeaways. Setting the Context.

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Revised Schedule for SP Pre-Production

Revised Schedule for SP Pre-Production. Continued testing of first two pre-production boards over next 2 weeks Hopefully validate SP04 layout with reworked boards Lev leaves for PNPI Quotes from new vendors in progress; selection this month

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Senior Playoff Schedule 2011 REVISED

Senior Playoff Schedule 2011 REVISED. *Note: If permit is available, this game will be at Burns. 4 th seed. 1 st seed. 3rd seed. 2nd seed.

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Revised Schedule and Chpt 14

Revised Schedule and Chpt 14. Global View. New Business. Quizzes are graded , but I still have to input the grades. Grades are dismal. You must do the readings and take notes.

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Explanation of Revised Draft Reserves Schedule, Service Schedule D

Explanation of Revised Draft Reserves Schedule, Service Schedule D. Contact: Arnie Podgorsky Mike Thompson Wright & Talisman PC 202-393-1200. Recap: why a Reserves Schedule? What is an Operating Reserves Schedule? Would define an operating reserves product.

239 views • 11 slides

Disclosure Requirements for Revised Schedule VI

DMKH & CO. Disclosure Requirements for Revised Schedule VI. MALAD GOREGAON CPE STUDY CIRCLE. CA. Durgesh Kabra DMKH & Co., Chartered Accountants Mumbai. DMKH & CO. Contents. Introduction Object Methodology adopted in determining the Financial Statement. General instructions

559 views • 45 slides

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