Basic query in accounting

This query is : Resolved 

08 October 2013 I am at IPC stage.
As-9 which is common for both IPC level and CA final level in Financial reporting. Whether ICAI expect from us to know sums which are also solved in CA Final.Because problems based concepts like Trade discounts and volume rebates, Advertising and insurance agency commissions etc are covered in CA final.How much depth we must go.

I will be very much thankful to you.


09 October 2013 It would be better if you practice some numericals(even if they are of final level) on every AS. As with every attempt ,ICAI is increasing its focus on practical aspects.


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