Applicability of indian as

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Shobhit Jain

Shobhit Jain (Querist)

08 August 2015 from when Indian AS is applicable for CA final?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

08 August 2015 The topic of “Overview of International Accounting Standards (IAS) / International Financial Reporting Standards (IFRS), Interpretations by International Financial Reporting Interpretation Committee (IFRIC), Significant differences vis-a-vis Indian Accounting Standards; Understanding of US GAAPs, Applications of IFRS and US” would be excluded from the syllabus of Final Paper 1 : Financial Reporting and the same would not be applicable from November, 2015 Examination.

Further, the topic of “Introduction of Indian Accounting Standards (Ind AS); Comparative study of ASs vis-a-vis Ind ASs; Carve outs/ins in Ind ASs vis-à-vis International Financial Reporting Standards (IFRSs)” would be included in the syllabus of Final Paper 1 : Financial Reporting and the same would be applicable from May, 2016 Examination.

Link: https://www.icai.org/new_post.html?post_id=11628&c_id=343

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