1. Financial Statement of a Company (Balance sheet only)

2. MEANING END PRODUCT OF FINANCIAL ACCOUNTING. PERIODICAL REVIEW.
REPORT ON PROGRESS MADE BY THE MANAGEMENT.
IN ORDER TO KNOW THE FINANCIAL POSITION OF BUSINESS ON A PARTICULAR DATE.
KNOW THE ECONOMIC AFFAIRS AND OPERATING RESULTS
DISCLOSE FINANCIAL INFORMATIION.

3. CERTAIN COMPULSIONS as per Companies Act 2013.
Joint Stock Companies compulsorily required to frame B/S.
EXCEPTION:
sole proprietorship ,partnership.
Banking ,Insurance ,Electricity&
Companies governed by Special
Act.

4. Basic Financial Statement
INCOME STATEMENT POSITION STATEMENT
TRADING ,P&L A/C BALANCE SHEET

5. FORM OF BALANCE SHEET (AS PER SCHEDULE III PART 1)
I.EQUITY AND LIABILITIES
(1) Shareholder fund
(a)Share capital
(b)Reserve & capital
(c)Money received against
SHARE WARRANTS.
(2)Share application money pending allotment
(3)Non Current Liabilities
(a)Long term borrowings
(b)Deferred Tax Liabilities
(c)other long term liabilities
(d)Long term provisions

6. .
(4)Current liabilities (a)Short term borrowings (b)Trade payables (c)other current liabilities II. ASSETS (1)Non current liabilities (a)Fixed Assets (i)Tangible assets (ii)Intangible assets (iii)Capital work in progress (iv) Intangible assets under Development

7. . (2) Current Assets (a)Current investments (b)Non current liabilities
(c)Defer Tax assets (net)
(d)Long term loans and advances
(e)Other non current assets
(2) Current Assets
(a)Current investments
(b)Inventories
(c)Trade receivables
(d)Cash and Cash Equivalents
(e)Short term loans and advances
(f) other current assets

8. SHARE CAPITAL AUTHORISED SUBSCRIBED ISSUED SHARE FORFEITURE
ADD:
SHARE FORFEITURE
LESS:
CALL IN ARREARS

9. RESERVE AND SURPLUS Capital reserves Capital redemption reserve
Security premium res(PRELIM EXP DED)
Debenture Redemption Reserve
Revaluation Reserve
Share options Outstanding Account
Other reserves(nature purpose defined)
Surplus in Balance Sheet
LESS: Debit Balance(P&L),Miscellaneous Exp, Discount on issue of shares and debentures.

10. SHARE WARRANT TWO BASIC FEATURES ISSUED BY COMPANY CONVERTED INTO
SHARES AT LATER DATE

11. SHARE APPLICATION PENDING ALLOTMENT
RECEIVED SHARE BUT APPLICATION ALLOTMENT CANNOT BE BFR BALANCE SHEET DATE

12. NON CURRENT LIABILITIES (WHICH IS NOT A CURRENT LIABILITY)
LONG TERM OTHER BORROWING LONG TERM LONG TERM PROVISIONS

13. LONG TERM BORROWINGS
DEFER TAX BONDS/DEB TERM LOANS

14. OTHER LONG TERM BORROWINGS
TRADE PAYABLES OTHERS
(OUTSTANDING MORE
THAN 12 MNTHS)

15. LONG TERM PROVISIONS
PROVISION FOR OTHERS EMPLOYEE BENEFITS (specify nature)
Any provision for employee to mature after 12 months

16. CURRENT LIABILITIES
SETTLED BETWEEN NORMAL OPERATING CYCLE SETTLED WITHIN 12 MONTHS PURPOSE OF BEING TRADED NO RIGHT TO DEFFER AFTER 12 MNTHS

17. OPERATING CYCLE
CASH PURCHASE TRADE R/M RECIEVABLES PROCESSING PERIOD TO MAKE FG INVENTORY OF FG

18. TYPES OF CURRENT LIABILITIES
SHORT
TERM SHORT TERM
BORROWINGS PROVISIONS
(BANKS, OTHERS) (EMPLOYEE
BENEFIT)
TRADE PAYABLES OTHER PROVISION
(SUNDRY CRs.& (TAXATION,PROPOSED DIV)
BILLS PAYABLE)

19. NON CURRENT ASSETS
OTHER NON FIXED ASSETS CA LT LOANS & ADVANCES NON CURRENT INVESTMENTS DEFFERED TAX ASSETS

20. FIXED ASSETS TANGIBLE INTANGIBLE LAND GOODWILL BUILDING CAPITAL BRAND
PLANT &EUIP WIP TRADEMARK
FURNITURE SOFTWARE
FIXTURES MAST HEADS
VEHICLES MINING RIGHTS
OFFICE EUIP COPYRIGHTS
OTHERS(SPECIFY NATURE) PATENTS

21. NON CURRENT INVESTMENTS
IN PROPERTY
IN EQUITY INSTRUMENTS
IN DEBENTURES, BONDS
IN MUTUAL FUNDS
IN PARTNERSHIP FIRMS

22. LONG TERM LOAN AND ADVANCES
CAPITAL ADVANCES SECURITY DEPOSITS

23. CURRENT ASSETS
SHORT TERM INVESTMENTS L&A CASH & CASH EQUIVALENTS INVENTORIES OTHERS TRADE RECIEVABLES
OTHERS- PREPAID EXPENSES, INTEREST ACCRUED ON INVESTMENTS

24. FOOTNOTE TO BALANCE SHEET
CONTINGENT LIABILITY
CLAIM AGAINST COMPANY NOT ACKNOWLEDGE AS DEBT
GUARENTEES GIVEN BY THE CO.

25. STUDENTS, NOW AND ALWAYS.
WISHING THE
BEST TO THE
STUDENTS, NOW AND ALWAYS.