Revised schedule VI-A scientific approach towards preparation of financial statements

BHATTACHARYA, JOYDEB

Revised schedule VI-A scientific approach towards preparation of financial statements - 2012 - 52-60

In recent times, the Indian commercial field has undergone a number of significant changes. Changes in method of accounting and its presentation in the financial statements of corporate bodies is a major outcome of this changing scenario. Institute of Chartered Accountants of India and Government of India have joined hands to make Indian Accounting System convergent with international norms of accounting.

FINANCIAL STATEMENTS

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