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Revised schedule vi

CA Final 8006 views 14 replies

is revised balance sheet schedule applicable for nov12 final exams?

Replies (14)

Yes shikhsha it is applicable for Nov.2012 exams...

Originally posted by : Nikhail

Yes shikhsha it is applicable for Nov.2012 exams...

yes

 

can anyone provide me the format of Revised Schedule VI

plz

yes it will be applicable..

 

yes revised balance sheet is definitely applicable for nov 2012 exams.you can have a look upon my attachment

It is applicable... Here's the notification given by ICAI

Here's the Revised Schedule in Excel...

Same was downloaded from this site...

 

yes it is

 

thanks  Jiju Oommen

thanks everyone for your replies. are there any changes in chapter of holding and amalgamation for preparation of balance sheet?

Yes there are changes in both of these chapters as far as presentation of balance sheet and profit and loss is concerned on account of Revised Schedule VI

Yes

 

REVISED FORMAT OF BALANCE SHEET
NAME OF THE COMPANY…
BALANCE SHEET AS AT…
Particulars
Note 
No.
Figures as at the end 
of Current reporting 
period
Figures as at the end of 
Previous reporting 
period
I EQUITY AND LIABILITIES
(1) Shareholders’ funds
(a)  Share capital XX XX
(b)  Reserves and surplus XX XX
(c)  Money received against share warrants XX XX
(2)
Share application money pending 
allotment XX XX
(3) Non-current liabilities
(a)  Long-term borrowings XX XX
(b)  Deferred tax liabilities (Net) XX XX
(c)  Other Long term liabilities XX XX
(d)  Long-term provisions XX XX
(4) Current liabilities
(a)  Short-term borrowings XX XX
(b)  Trade payables XX XX
(c)  Other current liabilities XX XX
(d)  Short-term provisions XX XX
TOTAL XX XX
Contd…Overview on Revised Schedule VI                          
Page 6 Private & Confidential
(II) ASSETS
(1) Non-current assets
(a)  Fixed assets XX XX
(i) Tangible assets XX XX
(ii) Intangible assets XX XX
(iii) Capital work-in-progress XX XX
(iv) Intangible assets under development XX XX
(b)  Non-current investments XX XX
(c)  Deferred tax assets (net) XX XX
(d)  Long-term loans and advances XX XX
(e)  Other non-current assets XX XX
(2) Current assets
(a)  Current investments XX XX
(b) Inventories XX XX
(c)  Trade receivables XX XX
(d)  Cash and cash equivalents XX XX
(e)  Short-term loans and advances XX XX
(f)  Other current assets XX XX
TOTAL XX XX

revised schedule is applicable for nov 2012 exams and the format is attached to this link


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