Amendments for financial reporting for ca final may 2015

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Querist : Anonymous

Querist : Anonymous (Querist)

18 November 2014 Hi,

Can anyone please tell me about the possible changes in the financial reporting paper of CA final in may 2015 from that which was applicable in Nov 2014.
And also are there too many amendments or changes in direct and indirect tax in may 2015 attempt compared to Nov 2014?

Thanks in advance

P.s. I'm aware about institute's notification about change in law, audit due to companies act 2013 but not about financial reporting

Amol S Joglekar

Amol S Joglekar (Expert)
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18 November 2014 No major changes per se except as already noticed by you through ICAI's notification.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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18 November 2014 No major changes. Schedule III which is also applicable for Nov 2014 will apply.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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18 November 2014 Agreed with above reply additionally for changes in law u can refer the following link and also keep tracks in rtp and any other material icai issues.

https://www.icai.org/new_post.html?post_id=11066&c_id=343

Querist : Anonymous

Querist : Anonymous (Querist)

18 November 2014 Thank you for informing me about financial reporting, law & audit.
Please help me further by figuring out amendments in direct and indirect tax as I didn't really follow the new budget and other amendments(which are applicable in may'15 though were not applicable in nov'14)

Amol S Joglekar

Amol S Joglekar (Expert)
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18 November 2014 you can get the copy of the budget on
https://indiabudget.nic.in/budget.asp
this link

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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18 November 2014 https://www.icai.org/new_post.html?post_id=11090&c_id=343

this is link of icai announcing same.

in cae u want the files then click here:
1. for dt

https://220.227.161.86/35309finalsupp7.pdf

2.for idt

https://220.227.161.86/35310finalsupp8.pdf

Querist : Anonymous

Querist : Anonymous (Querist)

18 November 2014 Also the reason I had asked about financial reporting specifically was because of this notification https://220.227.161.86/33529bos23144may15.pdf

Amol S Joglekar

Amol S Joglekar (Expert)
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18 November 2014 "part to whole" OR "whole to part"

Anyway focus on Companies Act 2013, that is what the notification means.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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14 April 2015 https://www.caclubindia.com/forum/amendments-ca-final-financial-reporting-for-may-2015-exam-325031.asp

Check out the amendments from above link.

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