Revised Sch VI
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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
Revised Sch VI
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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