Treatise on Schedule III (A guide for preparation of Financial Statements)

• Latest amendments made by MCA vide notification dated March 24, 2021 in line with CARO, 2020.
• Applicability of Schedule III and respective Divisions
• Interplay of AS and Ind AS with Schedule III
• Interplay of CARO 2020 with Schedule III
• List of applicable Accounting Standards (AS)
• List of applicable Indian Accounting Standards (Ind AS)
• Comparison of Division I, II and III
• FAQs on Preparation of Financial Statements

Chapter 2      Analysis of Division I to Schedule III

Chapter 3     Analysis of Division II to Schedule III

Chapter 4      Analysis of Division III to Schedule III

Chapter 5      Commonly Found Non-Compliances of Schedule III

Appendix 1   Schedule III

Appendix 2   Companies (Auditor’s Report) Order, 2020