Fr ammendments for ca final may 2017 - urgent

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B.Com(C.S.) CA FINAL
454 Points Posted on 13 February 2017

Dear All,

 

 As you may be aware MCA on 30.3.2016 has amended inter-alia AS-4 with regard to Proposed Dividend...Now it has to be disclosed only in Notes..I also know that that the above amendment is applicable for MAY 2017 CA FINAL Exam..I have 2 questions... 

1.Will the above ammendment have an impact on the Chapter Consolidation of Financial Statement s with regard to the treatment of Proposed Dividend in the question? 

2. If the answer to above question is yes, then will I have to have to buy a new FR book for May 17 exam....I had already purchased a new book for NOVEMBER 2016 Exam... 

  Please clarify..

Thanks in advance..

 

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On 13 February 2017 at 18:44 Report
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student
4374 Points Posted on 13 February 2017

Go for latest PM

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On 13 February 2017 at 20:13
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none
143 Points Posted on 13 February 2017
go to youtube and type ps beniwal classes you would find a 5 min clarificatory video on impact of AS-4 on consolidation
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On 13 February 2017 at 22:03
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student
1393 Points Posted on 14 February 2017
Wait for RTP or go to latest PM
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On 14 February 2017 at 11:49
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Chartered Accountant
56 Points Posted on 16 February 2017
1.Yes
2.No you don't need to purchase a new book.In the latest Study material and PM,they have replaced proposed dividend with dividend declared and you will not find the new treatment anywhere.Just understand its impact and if asked replace it.
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On 16 February 2017 at 01:19
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Member
2000 Points Posted on 16 February 2017
also refer latest rtp
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On 16 February 2017 at 21:11

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