Required format of balance

how to prepare a balance sheet
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Quick Summary
This discussion outlines the required formats for preparing a balance sheet. For non-corporate entities, guidelines from the ICAI should be followed. Corporate entities must adhere to Schedule III of the Companies Act, including amendments, and refer to Section 129. Both standalone and consolidated balance sheets are covered, with options for horizontal and vertical presentation. Specific formats for banking, insurance, and electricity companies are also mentioned.

1)For non corporate entities, as per the guidelines issued by ICAI .

2) For Corporate entities as per schedule III of the Companies Act amended till date ( for both standalone & Consolidated balance sheet) , also refer section 129 of the Companies Act .
The formats horizontal and verticals are available
Also you can refer, Balance sheet of Banking Companies, as per Banking regulation Act, like wise Insurance Companies & Electricity companies. etc .

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