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Affect due to companies act 2013

CMA ragini jha (final yr student) (49 Points)

19 June 2014

I wanted to know what will be the effect of comapanies act 2013 on the subject Financial reporting. Since I am a student of final I have old notes with me. Is there minor changes or there is some major one. Do I need to take classes again due to the applicability of companies act 2013. or previous yr notes will be sufficient? Egarly waiting for the reply Thank you

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Tribhuvan Aditya Singh (Student as well as Self-employed) (3710 Points)
Replied 19 June 2014

98 sections are applicable and all are important especially for audit and law. i think you are capable enough to read these sections on your own and you wont need any xtra classes. for all subjects of grp 1 you will have to buy new book to see the changes. i will suggest that dont delay and buy new books as soon as possible so that you get more time to revise new topics.