Chapter 13

Notes to the Accounts and Significant Accounting Policies

Corpo rate annual reports contain a separate schedul e on notes providing explanationson and signiticnnt accounting policien followed in the preparatio n of financia I statements. It is imperat ive to have their sound knowledge and understanding. This purpose is served here with the case of Nestlé India Ltd.


This chapter seeks to enable you to develop knowledge and understanding of:

  1. Significance of ‘Notes to Accounts’ including significant accounting policies.

  2. Contents of the schedule of ‘Notes to Accounts’ with reference to the case of Nestlé.

  3. Impact ...

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