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Final

Deepti Nagpal (article assistant) (64 Points)

11 July 2015

hi all,

i have a query...

My attempt due is in NOV 17 and i heard about the change in syllabus in May 16.

So i would like to know whether the new syllabus is applicable on me or not?

And right now, which subjects I should start preparing?

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2 Replies

CA. Dashrath Maheshwari (TaXpert) (15108 Points)
Replied 12 July 2015

Old scheme will be applicable for you... However, you will get a choice for joining new scheme.

However, there may be change in one or two papers. for example the topic 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” would be excluded from the syllabus of Final Paper 1 : Financial Reporting and the same would not be applicable and instead 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)” would be included in the syllabus of Final Paper 1 : Financial Reporting would be applicable.

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Sathish M (Management Accountant) (40581 Points)
Replied 12 July 2015

No one can give you a definitive answer except ICAI. Surely the institute will come up with the roadmap very soon to put to rest all speculations, so you need to have patience until then. However, since your attempt will be in 2017, you should start updating your knowledge on many things that keep taking place around us. The CA course is not about just preparing for Examination, its beyond that.