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Regarding the ind as and as for may '16 exams

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(Querist)
04 October 2015 ICAI has released a supplementary study material for May '16 exams which contains the IND AS topics.Are we required to study the AS existing now?What is the status of the AS if IND AS is in the syllabus?
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
23 October 2015 wait for clear guidelines from icai
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Krishna Prasanna

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Krishna Prasanna (Querist)
23 October 2015 Finally my doubt was clarified by BOS Executive Officer.
Chapter -2 of Module-2 Study Material will be replaced with the syllabus given in the supplementary study material i.e. Overview of IFRS & US GAAPs will be replaced by the Ind AS given in the Supplementary Study Material.
Also the existing AS will continue as usually.
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