In Consolidated financial Statement should we need to disclose Notes reuired to be disclose as a requirement of Schedule VI Like Quantitative notes , Value of Import , Capacity notes....
Those notes which are not governed by Accounting standards
gurdeep singh (CA Article Assistant ) (60 Points)
22 November 2011In Consolidated financial Statement should we need to disclose Notes reuired to be disclose as a requirement of Schedule VI Like Quantitative notes , Value of Import , Capacity notes....
Those notes which are not governed by Accounting standards
sivaram
(Asst Mgr-Taxation)
(6918 Points)
Replied 22 November 2011
yes these are schedule vi requirement and need to be disclosed as usual whether a standalone balance sheet is prepared or consolidated balance sheet is prepared.Consolidated Financial statement is prepared since clause 32 of our listing agreement requires the same
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