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Question regarding paper of account in cs june 2012 exam

jatin (ICWA and CS student) (407 Points)

02 May 2012

Helo friends, i am cs executive students. ... My question is that... Wheather schedule 6 is applicable in CS executive exam of june 2012 in paper of COMPANY ACCOUNTS ? ...please reply urgently.....

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CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN") (114225 Points)
Replied 02 May 2012

Clarification on applicability of Schedule VI of Companies Act, 1956 for June 2012 Examination

The Ministry of Corporate Affairs (MCA) under notifications number S.O. 447(E) and 653(E) dated 28^th February, 2011 and 30.03.2011 respectively notified that the annual accounts for the financial year ending 31^st March 2012 shall be prepared in accordance with the revised Schedule VI.

Since any amendment coming into force before six months from the date of exam ination forms part of syllabus for exam ination, the new Schedule VI of the Companies Act, 1956 shall be applicable to June, 2012 exam ination.

Source: https://www.icsi.edu/docs/WebModules/LinksOfWeeks/clarification_on_applicability.htm

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himani (Student) (105 Points)
Replied 11 May 2012

Pls tell me what is the schedule 6 ?

Dhiraj Garg (Student) (38 Points)
Replied 30 August 2012

Schedule VI is a detail of standard procedure to draft Balance Sheet as per Companies Act. A person should go through Schedule VI to get the detailed knowledge regarding the drafting of Balance Sheet.