Help - query - accounting standards applicable for ca final

Dear All,

 

Please help me out.

1. What are the Accounting Standards applicable for this attempt of CA Final Financial Reporting?

2. What is the new no for the Accounting standards...

 

REgards,

Sivakumar

Replies (7)

Sivakumarji ,this is CA final.All the accounting standards are applicable..

Okay fine.

 

Please let me know the New no allotted for the As from 1 to 32

No changes.Numbers are same.

accounting standard always remain same

accounting standard always remain same

Dear Shivkumar i think u are confused regarding new Numbers alloted to auditing standards (SA) and AS. In. AS no changes are there. In audit we have New SA REPLACING AAS..

please get attention on this query to everyone 

if there is company export the goods and book it as sales  at that time US $ 52 Rs. and while receiving payment at that

time US $ 55 Rs. whatever the foreign exchange gain i.e, Rs.3 is realised whether it would be appropiate

to credit it in sales account or if not why ? please consider this sales has been made during the year not at the end of the year.

Answer the question as per applicabilty of AS -11  

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