Electricity company ipcc group-ii

Originally posted by : Keshav Sharma
	What should i study for electricity company accounts? The new amended module with Electricity Act,2003 or the old module with the three acts? Please help urgent i am in great confusion..

Chapter of “Electricity Company” has been re-written based on the provisions of the Electricity Act, 2003. This is applicable from May 2013 exams. Earlier chapter was as per Electricity Supply Act, 1948.
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For example, financial statements as per Revised Schedule VI, Method of depreciation for replacement of asset.
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Download the file attached herewith for Important Changes and Accounting Aspects in "Electricity Companies" chapter of IPC Group II for May 2013 Exams onwards.
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By CAPS Education