The requirements of break-up of assets and liabilities in CMA data differs slightly from that mandated by the Company Law Board (in which we generally prepare b/s).
The analysis of balance sheet in CMA data is give a more detailed and accurate picture of the affairs of a corporate. The corporates are required by all banks to analyse their balance sheet in this specific format called CMA data format and submit to banks.
for taking/extending credit faciclty from banks corporates needs to submit CMA data to banks..
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