Training seminar on Practical Aspects of Revised Schedule VI

Ministry of Corporate Affairs (MCA) has revised Schedule VI completely after more than 5 decades. The revision was made to align the format with International Financial Reporting Standards. To create awareness about the practical challenges for preparation of financials as per Revised Schedule VI, NJP Advisors Pvt. Ltd. has organized series of Workshop at Ahmedabad and Ankleshwar on 28th April, 2nd June and 23rd June of year 2012.
Workshop Schedule:
Timings:-
From 9.30. a.m. to 3.30 p.m.                                                                                      including Tea/Breakfast at 9.30 and tea/coffee breaks at 11.30, 3.30 p.m. and lunch break at 1.15 p.m.
Content:

  • Case Studies on Major differences with Existing Schedule VI – Conceptual Differences, Balance Sheet,  Profit and Loss Account
  • Disclosure requirements of Revised Schedule VI
  • Practical Conversion of Financials from Old to Revised Schedule VI

Faculty :  CA Chintan Patel

Material provided to the participants

1) A booklet on ‘Revised Schedule VI and XBRL’ by CA Chintan Patel
2) Background Material – Introduction to Revised Schedule VI
3) Templates -Case Study of Conversion from Old Schedule VI to Revised Schedule VI
4) ‘Passport to Wealth Management’ by CA Jigar Patel
5)  CD containing

  1. Training Presentation including case studies and solutions
  2. ICAI Draft Guidance Note on Revised Schedule VI
  3. Excel format of Balance Sheet, Profit & Loss Statement and Schedules (notes) as per Revised Schedule VI
  4. Infosys financials for the year ended 31st March 2012
  5. Reliance Industries Limited Quarterly/Yearly report ended 31st March 2012

Participants Feedback Summary
All participants have well appreciated the training session, material, program design and venue. The feedback summary of Training seminar on 2nd June is given below:

Particular

Excellent

Very Good

Good

Fair

Presentation by Chintan Patel

64%

36%

 

 

Programme Design

57%

36%

7%

Training Material

57%

36%

7%

Training Venue

43%

36%

21%

Overall Rating

71%

21%

7%

 Ahmedabad – 28th April ‘12

Particular

Excellent

Very Good

Good

Fair

Presentation by Chintan Patel

74%

26%

 

 

Overall Rating

57%

39%

4%

Ankleshwar – 23rd June ‘12

Particular

Excellent

Very Good

Good

Fair

Presentation by Chintan Patel

71%

21%

7%

 

Overall Rating

43%

57%

0%

Snaps of Workshops


 

Chintan Patel is CA, CPA(USA), CISA(USA), DISA, DIRM(ICAI) and certified Ind AS and FAFD by ICAI. He is Regional Council Member of WIRC of ICAI. He is partner of Naresh J. Patel & Co. having more than 18 years of post-qualification experience in Ind AS, IFRS, Companies Act, GST. He is an author of books Quick Guide to Ind AS, ICDS published by Taxmann and Speaker at more than 500 presentations.

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