YES... APPLICABLE...

YES APPLICABLE TO THE NOV EXAM 

yes it is applicable for the Nov'12 exam, both for IPCC and Fianl as per ICAI

1. YES, IT IS APPLICABLE FOR NOV - 2012 EXAM, NOTIFICATION FOR THE SAME HAVE BEEN ISSUED  ALREADY

2. YOU HAVE TO COMPULSORY FOLLOW VERTICAL FORMAT...........

    AND YOU NEED NOT TO PREPARE DETAILED FORMAT ONLY PREPARE STANDARD FORMAT COVERING QUESTION SPECIFICATIONS.......

AND ALSO FOR YOUR PURPOSE, YOU MAY DOWNLOAD REVISED STUDY MATERIAL ON ACCOUNTS (FINAL) UPLOADED BY ICAI , QUESTIONS ARE SOLVED AS PER REVISED SCHEDULE - VI.........

FOLLOW THE LINK BELOW FOR DOWNLOAD :-

https://www.icai.org/post.html?post_id=5936

YOU MAY ALSO CHECK WEBCAST ON REVISED SCHEDULE - VI BY DOLPHY D'SOUZA (E&Y) :-

/forum/details.asp?mod_id=212306&offset=0#.UBJD7937eww

but m in ipcc.. and i need not prepare detailed format??/ r u sure??

i already get very scared of that format..it looks too tough..how should i do it .. ??

90% of my accounts preperations were cmplete..but nw i  feel m just 50% done .. scedule vi ruined it all .. 

Then don't worry, download revised module from below link  (IPCC):-

https://www.icai.org/post.html?post_id=6085

You need to do just a practice of 10-12 sums, you will understand that format.