India

Details

  • Industry: Financial Services
  • Type: Business and industry issue
  • Date: 8/24/2012

Illustrative Financial Statements 

The illustrative financial statements document, has been prepared after a thorough analysis of the Revised Schedule VI for listed manufacturing companies having an Indian subsidiary. This document is based on the Indian GAAP effective for accounting periods beginning on or after 1 April 2011 and considers disclosure requirements of not only the revised Schedule VI but also those required by the accounting standards which are applicable in a particular situation. Since the disclosures depend significantly on the nature of operations and specific conditions of the reporting enterprise, these are only illustrative and should not be considered exhaustive. Kindly send us your feedback at - dppractice@kpmg.com.
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