I wanted to know about the applicability of INDAS for CA Final ( Old Course) for May 2021 Attempt?
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Quick Summary
This discussion addresses the applicability of Indian Accounting Standards (INDAS) for the CA Final Old Course May 2021 examination. While the new course might use INDAS, the old course's syllabus, particularly Paper-1 (Financial Reporting), is clarified with a link to relevant ICAI resources. The thread confirms that for the old course, AS (Accounting Standards) are generally applicable, with INDAS being more relevant for the new syllabus.