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Question ID : 44854

requirement of change in format of financial statements of non corporate entities

What are the criteria for changing format of financial statements of non-corporate entities wef 01/04/2024 ??

Posted by SUDIP KUMAR MUKHOPADHYAY on May 21, 2025

Filed Under AUDIT

Answer ID : 85865

Implementation of new Schedule formats for financial statements aligning with improved disclosure and presentation requirements. Emphasis on true and fair view with comparative figures, significant accounting policies, and notes to accounts.

Posted by CA. SURAJ KUMAR CHOUDHARY on May 22, 2025