Schedule III is the heart of the financial statements, Balance Sheet, P&L, Cash Flow, ratios, కాదుtes, and Mapping all in one Working Paper. CORAA auto-drafts every line from books via the 4-dimensional లెడ్జర్ classification. Framework selector switches between Division I (Indian GAAP / AS) and Division II (Ind AS). The What-If Simulator lets the ఆడిటర్ preview a reclassification on the BS without saving.
Two paths to the same audit conclusion. One leaves traces; the other doesn't.
Every లెడ్జర్ carries a Sch III line code from the 4-dim లెడ్జర్ Classification setup. BS and P&L compose via SUMIFS over Trial Balance, aggregating by Sch III line. Cash Flow derives from BS movement plus P&L non-cash adjustments.
BS, P&L, Cash Flow (indirect method), Ratios (CARO Rule 11(e), 11 ratios with 25% variance flagging), కాదుtes (32 disclosures with CY vs PY), Mapping (read-only view of classification).
When a partner asks 'what if we treat this as Long-term Borrowing instead of Short-term?', the What-If Simulator renders the BS impact, ratio impact, and కాదుte impact immediately, without committing. Commit only on explicit confirmation.
Balance Sheet, P&L, Cash Flow (indirect), Ratios (CARO 11(e)), 32 కాదుtes to Accounts, and Mapping (read-only from లెడ్జర్ Classification). Every figure cross-references with the others, change a classification, every dependent figure updates.
Most కంపెనీలు use Division I (Indian GAAP / AS). Listed and large unlisted entities use Division II (Ind AS). CORAA's framework selector switches the template, line item names, disclosure requirements, ratio computations all adapt to the chosen framework.
Preview a లెడ్జర్ reclassification on the BS without saving. When the partner asks 'what if this is Long-term Borrowing instead of Short-term', CORAA renders BS impact, ratio impact, and కాదుte impact immediately. Commit only on explicit confirmation.
CARO 2020 requires reporting on 11 financial ratios. CORAA computes them automatically and flags any ratio with more than 25% variance vs prior year, requiring ఆడిటర్ disclosure of the reason for variance.
