31 May 2012
The revised schedule - VI is applicable for november 2012. I want to know from where can i get the complete pack of reading material regarding it.
Please also let me know what exactly ICAI wants to know with respect to the same.
22 July 2025
Certainly! To prepare comprehensively for the November 2012 CA exams concerning the Revised Schedule VI, here are some valuable resources and guidance:
๐ Recommended Study Materials ICAI's Official Guidance Note on Revised Schedule VI This document provides detailed explanations and illustrative examples to help you understand the new format and disclosures required under the Revised Schedule VI. FAQs on Revised Schedule VI A compilation of frequently asked questions that address common queries and clarifications regarding the implementation of the Revised Schedule VI. Illustrative Formats and Notes Sample formats and notes as per the Revised Schedule VI, which can serve as templates for your practice. Presentation on Revised Schedule VI A conceptual presentation that breaks down the key changes and their implications, making it easier to grasp the new requirements. ๐งพ Key Areas to Focus On Balance Sheet Presentation: Understand the new classification of assets and liabilities into current and non-current categories. SIMPLE TAX INDIA Profit and Loss Account: Familiarize yourself with the revised format and the specific disclosures required for various expenses. Notes to Accounts: Learn the additional disclosures mandated, such as segment reporting, related party transactions, and accounting policies. Compliance with Accounting Standards: Ensure you are aware of how the Revised Schedule VI aligns with the applicable accounting standards. SIMPLE TAX INDIA ๐ฅ๏ธ Accessing the Materials ICAI Website: Visit the official ICAI website at icai.org to find official notifications, guidance notes, and other resources. CAclubindia: A community-driven platform where you can find downloadable materials, including formats and notes related to the Revised Schedule VI.