Applicability of indas and ifrs for may 2015

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Friends,please tell whether IndAS and IFRS are applicable for FR exam for May 2015,If yes,to what extent?

 

Thanks

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Hi Souabh, Ind AS still in draft format and there is long process in implementing the same.. It won't applicable just what is there in Institute study material have a glance. They will amend only when it is applied as whole. ANnouncements wll be made 6 or 9 months before exams if there is any revision in syllabus..

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