OVERVIEW

Bharat's Company Balance Sheet and Profit & Loss Account under Accounting Standards & Schedule III by CA Kamal Garg is a comprehensive professional guide explaining the preparation and presentation of company financial statements in accordance with Schedule III of the Companies Act, 2013 and the applicable Accounting Standards. Published by Bharat Publications, this 13th Edition (2026) is updated for Financial Year 2025–2026.

The book provides detailed commentary on Schedule III, practical guidance on Accounting Standards, ICAI Expert Advisory Committee opinions, CARO 2020 checklist, depreciation, commonly observed non-compliances, and specimen financial statements. It is designed to help readers understand statutory financial reporting requirements through practical examples and professional insights.

Ideal for Chartered Accountants, CA Students, Company Secretaries, Cost Accountants, Finance Professionals, Auditors, and Commerce Students, this book serves as an authoritative reference for accounting compliance, statutory audits, financial reporting, and corporate law practice in India. 

KEY FEATURES

• Authored by CA Kamal Garg
• Published by Bharat Publications
• 13th Edition – 2026
• Updated for Financial Year 2025–2026
• Covers Accounting Standards & Schedule III of the Companies Act, 2013
• Includes commentary on Companies (Accounting Standards) Rules, 2021
• Covers ICAI Expert Advisory Committee opinions and CARO 2020 checklist
• Explains depreciation, financial statements, and common compliance issues
• Paperback Edition

WHAT THIS BOOK COVERS

Schedule III of the Companies Act, 2013

• Schedule III Commentary
• Financial Statement Presentation
• Balance Sheet Preparation
• Statement of Profit & Loss
• Disclosure Requirements
• Notes to Accounts
• Financial Reporting Framework

Accounting Standards

• Accounting Standards Overview
• Companies (Accounting Standards) Rules, 2021
• ICAI Accounting Standards
• Practical Accounting Issues
• Accounting Policies
• Compliance Requirements
• Financial Statement Preparation

Corporate Reporting

• Balance Sheet Formats
• Profit & Loss Account
• Specified Financial Statements
• Schedule III Compliance
• Depreciation Accounting
• CARO 2020 Checklist
• Accounting Disclosures
• Reporting Standards

Practical Professional Guidance

• ICAI Expert Advisory Committee Opinions
• Commonly Found Non-Compliances
• Practical Pointer Issues
• Corporate Compliance
• Audit Preparation
• Financial Statement Review
• Professional Reporting Practices

WHO SHOULD BUY THIS BOOK

• Chartered Accountants
• CA Final & Intermediate Students
• Company Secretaries (CS)
• CMA Students
• Statutory Auditors
• Tax Consultants
• Finance Professionals
• Commerce Students
• Corporate Accountants
• Audit Firms

WHY THIS BOOK IS VALUABLE

• Updated for Financial Year 2025–2026.
• Covers the latest Schedule III and Accounting Standards requirements.
• Includes practical commentary and ICAI guidance.
• Explains financial statement preparation in a structured manner.
• Highlights common compliance mistakes and reporting issues.
• Valuable for statutory audits, corporate reporting, and professional practice.
• Trusted publication from Bharat Publications.
• Excellent reference for accounting professionals and students.

PRODUCT DETAILS

BENEFITS

• Learn professional preparation of company financial statements.
• Master Schedule III compliance requirements.
• Improve accounting and financial reporting skills.
• Understand practical issues faced during statutory audits.
• Prepare effectively for CA, CS, CMA, and professional examinations.
• Enhance corporate compliance knowledge.
• Build confidence in preparing compliant Balance Sheets and Profit & Loss Accounts.

CALL TO ACTION

Stay updated with the latest corporate financial reporting requirements using Bharat's Company Balance Sheet and Profit & Loss Account under Accounting Standards & Schedule III. Whether you're a CA student, auditor, finance professional, or corporate accountant, this comprehensive guide is an essential resource for mastering Schedule III compliance and financial statement preparation. Order now from LawPustak and strengthen your accounting expertise.