Tally.ERP 9's Accounting Standards Checklist displays all the Accounting Standards (AS) listed by the Institute of Chartered Accountants of India (ICAI). This report helps the auditors/articles in marking the Accounting Standards applicable and their respective status of compliance for a company, along with Remarks.
To view the Accounting Standards checklist,
Go to Gateway of Tally > Audit & Compliance > Audit Documentation > Accounting Standards
The auditor can mark the relevant Accounting Standards by setting the Applicable and Complied columns with Yes/No.
The completed Accounting Standards Checklist is displayed as below:
Note: The option None can be used by an auditor/article when he decides to leave a particular Accounting Standard as blank for further clarification or to resume the update of checklist later.
The Accounting Standards is also provided for Clients under Audit & Compliance Info menu (Display > Statements of Accounts), from where the users can mark the applicable Accounting Standards.
The Accounting Standards can be printed by the auditor(s)/article(s) while conducting the audit for reference.
To print the Accounting Standards,
Press Alt+P in the Accounting Standards screen
In the Accounting Standards Printing screen press Enter or click on Yes to print the Accounting Standards
Click on F9: Inv Reports or press F9 keys to navigate to the default Inventory Reports like Godown Summary, Movement Analysis, Stock Summary etc.
Click on F10: Acc Reports or press F10 keys to navigate to the default Accounting Reports like Balance Sheet, Cash Flow, Trial Balance etc.
Click on F10: Audit Reports or press Alt+F10 keys to navigate to the other Audit Reports within Statutory Audit and Tax Audit.