Format of bs & p&l
This query is : Resolved
Mitesh Talwad
(Querist)
13 October 2014
Is there any change in format for preparation of balance sheet and profit and loss account as per schedule 3 of companies act 2013??
CA R SEETHARAMAN
(Expert)
13 October 2014
No change it is as per revised schedule VI.
13 October 2014
Except for addition of general instructions for preparation of Consolidated Financial Statements (CFS), the format of financial statements given in the Companies Act, 2013 is the same as the revised Schedule VI notified under the Companies Act, 1956.
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