Are all accounting standards really important from the examination point of view?
are all accounting standards really important in the practical work?
srinivasbengalooru @ hotmail.com
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accounting standards - important
Replies (10)
hey srinivas....all of them are not important...
Some of the important ones are AS6, 10, 11, 15, 18, 20, 21, 22, 23, 26, 29 and the latest ones i.e. 30 and 31....
From 1 to 20
I don't think any un important AS raised by Insti. for both Service and Exam point of view ,we need a sound knowledge of AS for reaching professional excellence.
i think AS are important ASPECT IN FIRST EXAMNINATION POIT OF VEIW BECAUSE IN SOME CASE GOVT. AUTHORITES ARE NOT ACCEPTED THE AS FOLLOWED BY INSTITUTE FOR EXAMPLE : REVALUATION OF ASSET BY AS-6 NOT FOLLWED BY THE INCOME TAX AUTHORITIES
SHALEEN
16 onwards are more important from exam point of view.
AS FAR AS A CA STUDENT YOU SHOULD BE EXPERT IN ALL ACCOUNTING STANDARDS
A CA must have knowledge of all AS.So pls. go for all.
If we view from Examination point, all are not important. However, knowledge of latest accounting standard is important.
From Practical point of view, all are important.
all
In interview any one can be asked.
as 30 and 31 applicable for may 08 or not
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