hello friends,
i will appear in ipcc gr.1 on may or november next year.would make me understand that how ifrs will have an impact on my syallabus.pls reply.
Menu
impact of ifrs
Replies (2)
For May'11 IPCC exams core matter of IFRS will not be applicable. Full IFRS may become applicable for IPCC Nov'11 exams depending upon its timely implementation.
However, ICAI will come out with its notification regarding applicability in exams once they implement it and materials are ready.
Kindly note that , ICAI guidelines says any amendment shall be applicable to any exam only if it has been effected 6 months prior to particular exam.
After adoption of IFRS in India, there should be six months gap between the adoption date and our exams date, so i hope for May2011 exams those are not applicable but for Nov i think they may be applicable. Let the institute also announce this.
Recent Topic
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
Related Topics
CAclubindia
