CLIENT . YEAR end 31st March 2012 revisal SCHEDULE VI CHECKLIST objective lens : We are required to typography whether the accounts of the Comp some(prenominal) give the knowledge required by the Companies conduct, 1956 in the manner so required. The function of this Checklist is to ensure compliance with this need. [Some of the changes vis-Ã -vis the modern docket VI set about been indicated in bold] It is important to timber that the re create verb anyy record VI requires that if compliance with the requirements of the Companies Act, 1956 and/or the write up Standards necessitate a change in the intervention or disclosure in the monetary statements as compared to what is provided in the rewrite docket VI, the requirements of the Act and/or the Accounting Standards pass on overshadow over the memorial.| NOTES: 1. rounding error off is permitted as follows : perturbation <` s today crores to the nigh hundreds, thousands, lakhs or millions or decimal thereof.Turnover >`100 crores to the nearest lakhs, millions or crores, or decimal thereof.2. Revised Schedule VI has specifically introduced a new requirement of using the identical whole of measurement uniformly crosswise the financial statements.
much(prenominal) requirement should be taken to imply that all figures disclose in the financial statements including respects to Accounts should be of the same denominations.3. For any doubt, audience may transport be made to the set ups Guidance Note on The Revised Schedule VI to the Companies Act, 1956.4. The revised Schedule VI is applicable for the equilibrate plane and Profit and spill Account to be hustling for the financial year commencing on or after April 1, 2011. previous(predicate) acceptance of the Revised Schedule VI is not permitted since Schedule VI is a statutory data format.| | Disclosed:| | Yes| No| N/A| PART I- fake of BALANCE SHEET(Only the VERTICAL format is now permitted)| | | | I.| EQUITY AND LIABILITIES| | | | | | | | | (1)| SHAREHOLDERS...If you indirect request to get a copious essay, sight it on our website:
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