A Hands On Approach To XBRL and Revised Schedule VI Filing Assurance Taxonomy And Business Rules With CD

XBRL is a tool for electronic communication of business and financial data which is revolutionising business reporting around the world Ministry of Corporate Affairs MCA has made XBRL mandatory for certain classes of companies to file their Balance Sheet and Profit and Loss Account for 201011 and onwards using XBRL taxonomy MCA has designated practicing professionals registered as members of the professional bodies namely ICAI ICSI and ICWAI with the responsibility of ensuring integrity of documents filed by them with MCA in electronic mode effective in respect of financial statements closing on or after 31-03-2011Schedule VI notified vide Notification No653 E dated 30 March 2011 wef 01-04-2011 requires the Balance Sheet and Profit and Loss Account to be prepared for the financial year commencing on or after 01-04-2011 in accordance with the Accounting Standards This book is expected to help the ever enthusiastic professionals to know more and know better the intricacies of these developments in the field of financial reporting in India 528 pp.…