The Ministry of Corporate Affairs (MCA), after the well deserved success of its flagship MCA-21 e-enablement project, is committed towards the simplification and transparency of corporate reporting.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		</script> </DIV><p class='TableClas'>As a step towards this, it is planning to revise and simplify Schedule-VI of the Companies Act which prescribes the presentation and disclosure requirements for financial statements. This simplification is a credible goal, particularly for companies which are not 

A requiem for Schedule-VI

ACCOUNTANCY

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