https://www.taxtmi.com/acts?id=15910 Schedule III prescribes minimum presentation and disclosure standards for a company's Financial Statements and Notes to accounts, requiring adaptation to applicable Accounting Standards and industry needs. It defines classification criteria for current and non current assets and liabilities, prescribes detailed headwise and sub classification of equity, borrowings, provisions, investments, loans and advances, inventories, trade receivables/payables and cash balances, and mandates reconciliations, valuation bases and related party and contingent liability disclosures. Consolidated Financial Statements follow these requirements with additional allocation and entity level disclosures. en-us Sat, 24 Dec 2011 14:10:18 +0530 Sat, 24 Dec 2011 14:10:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15910 Schedule III prescribes minimum presentation and disclosure standards for a company's Financial Statements and Notes to accounts, requiring adaptation to applicable Accounting Standards and industry needs. It defines classification criteria for current and non current assets and liabilities, prescribes detailed headwise and sub classification of equity, borrowings, provisions, investments, loans and advances, inventories, trade receivables/payables and cash balances, and mandates reconciliations, valuation bases and related party and contingent liability disclosures. Consolidated Financial Statements follow these requirements with additional allocation and entity level disclosures. Act-Rules Bills Sat, 24 Dec 2011 14:10:18 +0530 https://www.taxtmi.com/acts?id=15910