Revised Sch VI CCH ProSystem Application
What's New? • Format has been changed – now we have Balance Sheet, Statement of Profit and Loss and Notes to accounts. • Disclosure requirements have increased. • Information is reported based on Current and Non Current Values • Reporting in notes has to be very dynamic due to the complex nature of reporting requirements.
What Market Expects? • Full work cycle – starting from Trial Balance to Reporting in Revised Schedule VI • Speed – ability to complete a standard balance sheet in 30 minutes or less • Flexibility – ability to change the information as required and keep track of it • Customizability – ability to make each report look different and unique • Dependability – strong work engine to strong data reliably