Applicability of Ind AS

For FR Paper, All Accounting Standards will be continue to be applicable for May 2018 CA Final Exams, Under Old Syllabus.

In addition to that, the following two topics of IndAS will be also applicable:

#Chapter-2, Introduction to IndAS (Comparative Study, Carve Ins and Outs).

#Chapter 6, Accounting and Reporting of Financial Instruments, which is based on Ind AS 32, 107 and 109.

However, in view of the complexities involved in Ind AS, concepts of all the Ind AS have been discussed broadly in the chapter by sidestepping the intricacies involved in it. 

Accordingly, the students would be expected to answer simple knowledge / application based questions testing their conceptual understanding of the Ind AS as discussed in the chapter.

sir I'm asking for ipcc may 18 applicability of ind as

(Announcement dated 20th January 2017)

Non-Applicability of Ind ASs for May, 2018 Examination:

The Ministry of Corporate Affairs has notified Roadmap for applicability of Indian Accounting Standards (Ind AS) vide Notification No. G.S.R…….(E) dated 16 February, 2016, for compliance by the class of companies specified in the said roadmap. The notification has been uploaded on www.mca.gov.in along with the thirty-nine (39) Indian Accounting Standards (Ind AS). However, any question based on Ind AS will not be asked in CA IPCC May, 2018 examinations.

ind AS are not applicable to ipcc so don't worry about it....

Thank u sir