Ind as applicability

hi friends,

i would like to know the extent of applicability of IND AS for may 2016.

is it in depth?

or only comparison?

advise

Replies (1)

As per information obtained from today's seminar  on Examination strategies. and Ind AS.(conducted at vishwas nagar )

Respected CA Vijay kapoor ji..(Ex director BOS ) Respected CA Ashish ji..from GT..
Respected CA D.S. Rawat ji...and so many honorable authorities were present there.

1)--Students need not to worry about Ind AS .

2)--expected weight of IndAS for exams is only 5-8 marks.....

3)--Simple questions based on differences between AS , Ind AS ...and IFRS..(carve outs...carve in..l.are expected to be asked....

4)--For that purpose plz read chapter 6 of study material of FR.....that is much smaller than separately published supplementary on Ind AS by ICAI...

5)--Ind AS in it self are not in syllabus. ...just focus on differences between AS and Ind AS.

6)--AS 30,31,32 hv been removed from the syllabus. .......no need to study them.....but there is still a little probability that question from AS 30..31..32 may be asked. ..bcoz the corresponding IndAS for AS 30..31..32...are almost same as existing AS.....so answer those questions as per existing AS...

The information provided as above is based on lecture given by honorable CA D.S.Rawat sir...on today's seminar for students. ......

We don't accept any responsibility for the information provided above.......butI hope this information will useful for students. ...
You may share the information provided above with your friends. 

Forwarded as received

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