free 4 marks in today's ipcc ??

in today's accounts paper for ipcc may 2010, in Q-6,1st question was from AS-12 'grants...'

but for group 1,we dnt hv that AS...its included in group 2 accounts...

so,will the insti give all of us free 4 marks ?? coz its entirely their mistake...

Replies (4)

is institute stupid that he will give u free marks.???...........these are professional courses, any part of any subject could be asked in any subject exam..... remember this n study......................subjects r meant for school not CA courses...............group are not meant for that u keep the knowledge of one group n go forward...

please send me ethics  and communication notes for ipcc 2010... please help me

I am attaching the compilation of Law, ethics & comm. Download it.

All the best

IT WASNT TOTALLY FRM AS 12...its a part of AS 10..fixed assets

 its clearly given in DS rawat that the historical cost of an asset shud b reduced by the amt of govt grants recvd or receivable

 u just ahd to apply this

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