Accounting and Audit Issues under the Companies Act 2013

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Accounting and Audit  Issues under the Companies Act 2013

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Accounting & Audit issues have been impacted by virtue of the new Schedule II and Schedule III to the Companies Act,2013 and Companies ( Accounts) Rules , 2014. In particular , depreciation charge as per Schedule II is different from the erstwhile Schedule XIV. Consolidation requirements and disclosures are at variance with the Section 212 disclosures under the Companies Act,1956.

In addition, pay-performance disclosures in the Board’s Report of the listed company, related party disclosures , CSR disclosures , presentation of statement of changes in equity , componentization of assets are other critical areas of corporate financial reporting. Componentization of assets shall be effective from 1.4.2015.

* Book by Dr. T P Ghosh on Financial Reporting under The Companies Act 2013 published by Taxmann will be given complimentary as reading material.it focusses on accounting & audit issues extensively

Session 1

  1. Chapter 9 of the Companies Act : Accounts of Companies
  2. Companies ( Accounts ) Rules, 2014

Sessions 2

11.00 – 13.00 hours

Depreciation and Amortization – Schedule II
Componentization of Assets
Corporate Social Responsibility contribution and disclosures – Schedule VII

Session 3

14.00 – 15.30 hours

  1. Consolidation
  2. Statement of Changes in Equity
  3. Related Party Disclosures
  4. Board’s Report
  5. Borrowing costs – General Circular

Session 4
15.45-17.00 hrs

  1. Schedule III to the Companies Act 2013
  2. Balance Sheet
  3. Statement of Profit and Loss
  4. Current Non-current Classification
  5. Issues in cash Flow Statement
  6. Accounting & Audit Issues

Review

17.00-17.30 hrs.

  1. Miscellaneous financial reporting issues

[/vc_column_text][/vc_tta_section][vc_tta_section title=”How to Register” tab_id=”1481352255460-d68d0b0f-938c”][vc_column_text]Timings: 9:30 am – 5:00 pm , Registration begins at 9:00 am

 How to Register:

  • Fees: Rs. 8,650/- +18% GST per person.
  • Please write to register@princetonacademy.co.in/ Call -022 67256200
  • Provide Below Details for Registration :
  • Name of the participants:
  • Company Name and address:
  • Contact details of Participants (Email ID & Number):
  • Cheque favoring Princeton Academy Mumbai II Pvt. Ltd. payable at Mumbai.
  • Fees includes lunch, tea, course material etc.

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  • Fees: Rs. 8,650/- + 18% GST per person.
  • Please write to register@princetonacademy.co.in / Call -022 67256200
  • Mention the name of participant, company, contact details .
  • Cheque favoring Princeton Academy Mumbai II Pvt. Ltd. payable at Mumbai.
  • Fees includes lunch, tea, course material etc.

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