As applicability ??

Old AS is applicable, however AS 30, 31 and 32 on the topic ‘Accounting and Reporting of Financial Instruments’ are not applicable.

The following on Ind - AS is applicable :

Topic of “Introduction of Indian Accounting Standards (Ind AS);

Comparative study of ASs vis-a-vis Ind ASs;

Carve outs/ ins in Ind ASs vis-à-vis International Financial Reporting Standards (IFRSs)” has been made applicable from May, 2016 Examination in place of “Overview of International Accounting Standards (IAS)/International Financial Reporting Standards (IFRS), Interpretations by International Financial Reporting Interpretation Committee (IFRIC), Significant differences vis-a-vis Indian Accounting Standards; Understanding of US GAAPs, Applications of IFRS and US”