Company Balance Sheet and Profit & Loss Account

by CA Kamal Garg

Bharat?	5
Preface to the Eleventh Edition	7
Preface to the First Edition	9
Detailed Contents	15

Chapter 1 Books of Account, Statutory Registers and Records	3
Chapter 2 Financial Reporting	30
Chapter 3 Approval and Adoption of Accounts	52
Chapter 4 National Financial Reporting Authority (NFRA) and Accounting Standards	69
Chapter 5 Reopening of Accounts	107
Chapter 6 Voluntary Revision of Financial Statements or Board's Report	109
Chapter 7 Sending Financial Statements to Members, etc. and Filing with ROC	114
Chapter 8 Mandatory Internal Audit	121
Chapter 9 Audit Committee	124

Chapter 10 Companies (Auditor's Report) Order, 2020 — Checklist

135

Chapter 11 Schedule III under Companies Act, 2013 — An Analysis	179
Chapter 12 FAQs on Schedule III under Companies Act, 2013	197
Chapter 13 Schedule III under Companies Act, 2013 — Practice Update	250
Chapter 14 Schedule III (2021 Amendments)	266
Chapter 15 Companies (Accounting Standards) Rules, 2021	310
Chapter 16 Gist of Accounting Standards	317
Chapter 17 Fixed Assets and Intangible Assets (Property, Plant and Equipment and Intangible Assets)	374
Chapter 18 Investments	407
Chapter 19 Current Assets, Loans and Advances	414
Chapter 20 Miscellaneous Expenditure	439
Chapter 21 Share Capital	447
Chapter 22 Reserves and Surplus	471
Chapter 23 Secured Loans, Unsecured Loans and Long Term Provisions	485
Chapter 24 Current Liabilities and Provisions	504
Chapter 25 Borrowings from Banks and Financial Institutions for the Specific Purpose	526
Chapter 26 Contingent Liabilities and Dividends	527
Chapter 27 Additional Regulatory Information	535
Chapter 28 Profit and Loss Account	557
Chapter 29 Accounting Treatment for MAT Credit	604
Chapter 30 Expenditure Incurred During Construction Period	606
Chapter 31 Financial Instruments	618
Chapter 32 Accounting for Derivatives, Equity Index & Equity Stock Options	645
Chapter 33 Cash Flow Statement	659
Chapter 34 Construction Contracts	676
Chapter 35 Effects of Changes in Foreign Exchange Rates	682