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FINACIAL STATEMENTS FORMAT
Category: Guidance Notes, Posted on: 31/08/2023 , Posted By: ICAI
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ICAI - ASB has come out with the Financial Statements format for:

(a) Non-Corporate Entities (Proprietorships, Partnerships, etc.);
(b) Limited Liability Partnerships (LLPs); and 
(c) Not-for-profit Organisations (Trusts, etc.)

The related publications and Excel formats links are as under:

1. Non-Corporate entities
• Guidance Note on Financial Statements of Non-Corporate Entities -
  https://resource.cdn.icai.org/70614asb56545.pdf  

• Excel file containing Illustrative Formats -
   https://resource.cdn.icai.org/70697asb56660.xlsx


2. Limited Liability Partnerships
• Guidance Note on Financial Statements of Limited Liability Partnerships -
  https://resource.cdn.icai.org/70861asb56826.pdf 


• Excel file containing Illustrative Formats –

  https://resource.cdn.icai.org/70916asb56902.xlsx  


3. Not-for-profit Organisations
• Technical Guide on Accounting for NPO –
  https://resource.cdn.icai.org/74188asb60123.pdf 

• Excel file containing Illustrative Formats -
  https://resource.cdn.icai.org/74189asb60123a.rar


Please ensure that financial statements are prepared as per these formats to ensure compliance with the applicable framework, accounting standards, etc.

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