Ca final may 14 - amendments/course applicability ?

Final 16662 views 5 replies

Guest

hello i am looking to buy books for ca final and my attempt is in may 14..

Please tell me following

DT- will DTC be applicable in may 14 ? and will the course change for may 14 ?

IDt - New revised course has already been released by icai but it is applicable for nov 2014 attempt, so for may 2014 finance act 2013 will be applicable right ?

accounts - IFRS , indian as applicablility for MAy 14 ?

LAw - Companies bill have been passed .. what is the likely change for may 14 ?

audit - Any changes expected in audit ?

SFM , Cost , ISCA - No changes expected for May 14

Please tell me i am confused .. i don't want to waste time

can i buy books for accounts , Audit now ?

What about law should i wait ?

for Dt and IDt i am planning to study from modules right now and then in dec 13 when updated books comes out i will buy those ..

Please help me out Seniors please...

Replies (5)

Sathish M

Management Accountant

40581 Points Joined June 2010

Good to see a plethora of questions asked in a single thread. It is better ask question and be safe rather not asking and being sorry.

Q) DT- will DTC be applicable in may 14 ? and will the course change for may 14 ?
A) No, DTC will not be applicable and Finance Act 2013 will apply for May 2014 Examination.

Q) IDt - New revised course has already been released by icai but it is applicable for nov 2014 attempt, so for may 2014 finance act 2013 will be applicable right ?

A) Yes, your observations are correct.

Q) accounts - IFRS , indian as applicablility for MAy 14 ?

A) Check ICAI’s List of Publications – applicable for May 2014

Q) LAw - Companies bill have been passed .. what is the likely change for may 14 ?

A) Wait for ICAI’s Announcement

Q) audit - Any changes expected in audit ?

A) Check ICAI’s List of Publications – applicable for May 2014

Q) SFM , Cost , ISCA - No changes expected for May 14

A) Agree with your observation.

Q) can i buy books for accounts , Audit now ?

A) Yes you can buy now.

Q) What about law should i wait ?

A) Wait till ICAI issues Clarification.

Q) for Dt and IDt i am planning to study from modules right now and then in dec 13 when updated books comes out i will buy those ..

A) Yes go ahead with the current plan

Guest

thanks a lot Satish sir for taking out time and replying

SIr For IDT and Dt by mistake i wrote module ..

i meant to say study mat..

i have the study mat published in january 2013 i.e for may 2013 and nov 2013 syllabus..

so sir i m thinking of studying it from that and making changes in sections manually as given in finance act 2013 ( pdf ).. first reading till december until updated t.n manohran is out..

and then second reading and practice from that

i hope this pans out well

even though may 14 attempt might not cover updated law , idt , isca .. nov 2014 is definately going to and will also be reading about that just in case as a backup otherwise the burden will be hugeeee from may 14 to nov 14 syllabus change if done at the last moment.. it will also help in interviews

thank you

Guest

I too have attempt in may. But i am little confused about tax. There are continous ammendments in tax from dept. So what are the applicability of circulars etc.

Guest

I am havind dt and idt books for finance act 2012. Should i buy new books or can consider the amendments given on icai site only?