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Icai issued fr revised chapter 6 for may 2016

CA Final 800 views 2 replies

Financial reporting Chapter 6 has been revised as per AS 32..


Attached File : 691280 20160222161032 19331sm finalnew cp6.pdf downloaded: 410 times
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****clarification****

Better to state it as "Ind AS 32 - Financial Instruments - presentation " because AS 30,31 & 32 is not applicable for May 2016 examination.

 

Please Note:

Ind AS 32 “Financial Instruments: Presentation”, Ind AS 107 “Financial Instruments:Disclosures” and Ind AS 109 “Financial Instruments” have been made applicable to the topic ‘Accounting and Reporting of Financial Instruments’ instead of AS 30 “Financial Instruments: Recognition and Measurement”, AS 31 “Financial Instruments: Presentation” and AS 32 “Financial Instruments: Disclosures”.

 

Thanks Sathish for the clarification


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