Impact of revised schedule vi for nov 2012 final exams

John Paul George (Qualified CA) (48 Points)

25 May 2012  

Dear All,

I am appearing for the november 2012 final exams. i had prepared financial reporting paper for may 2012 itself and hence prepared with old schedule VI from the classes i attended. I have no exposure to new schedule VI as my articeleship also completed by this february. Can anyone help me out with which all areas are specifically impacted(like chapters,qns etc) by this revised schedule VI and how should we modify our preparation for papers of financial reporting and auditing.

shud we now draft balance sheets in revised formats???

Thank you in advance