Doubt regarding financial statements of electricity company

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Dear Fellow Students, Reverred Members,

I am in a deep confusion as to whether Revised Schedule VI shall be applicable for preparation of Financial Statements of Electricity Companies. Moreover, I would also like to know urgently whether the concept of Double Accounts and problems regarding Replacement of Assets and Distribution of Surplus shall be relevant at all for May 13 Intermediate (IPCC) examinations.  I shall be hugely benefitted if any body can concede me a proper advice.

Arpan De.

CA student. 

Replies (1)

Brother,

   Revised Schedule VI is applicable for Electricity Companies    and 

   distribution of surplus is also relevant for May 13 exams.....


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