Help needed

Final 1308 views 6 replies

Pooja kamath

Article Assistant/ Audit Assistant

47 Points Joined July 2009

Hello friends,

I have a few queries to those CA final students appearing in Nov 2012.

1)Now that the Revised Scheduled VI is applicable and not many publications have published books on the same..How should it be studied?and from where?Secondly will our syllabus suffer more change in it..i.e accordingly in Audit ad Law.

2)Will Chapters like Consolidation of Financial statements and Corporate restructuring suffer a serious hit.

3)What About IND AS?is it applicable?if yes?which reference book would be the most appropriate?

4)Other than Financial reporting, are there any subjects that can be prone to more syllabus change..

Thanks and would appreciate if anybody helps me here please..

Replies (6)

shankar

CA CS Final

243 Points Joined August 2009

Dear Puja,

First of all best of luck for ur exam.

Dont worry about revised Schedule VI. as far as CA Final Syllbus is concern, we have to study only about the format and categorization about revised Schedule VI. Nothing will be suffer due to revised schedule VI. I have Attached revised schdule VI and FAQ. which is very usefule for Exam.
In exam if we would have to prepare CFS then we have to follow revised schdule VI for Preparing Consolidation Balance Sheet. Rest Every thing will be same.
Ind AS - Ind AS is the conversion of Indian AS with IFRS. This is notified by the MCA without any applicability date. So dont worry about the Ind AS. Ind-AS will be applicable after 2013.
rest every thing will be same. if there is any major changes will be happen the ICAI will announce the same, so dont worry about the syllabious changes.

Thanks & Regards

Shankar