Hi,if in any sum of Working Capital,Ration Analysis,etc in Financial Management,we are provided data relating to a company and we are asked in the question to prepare Balance Sheet then is it compulsory for us to follow revised schedule VI?if for workings or for the requirement of the sum we have to prepare a Profit & Loss a/c,then also do we need to follow revised schedule VI for that?please reply...
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Doubt about ipcc-financial management
Replies (4)
According to me.. No need to follow revised schedule 6 in f.m..
Statutory Formats need not be followed in problems of financial mgt per se
no need to follow revised b/s in fm ...
Thanks Rachaita,Rupesh and Rajesh ..thanks a lot for ur replies...
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