POST YOUR COMMENTS ON Q. on AS 30 IN CA FINAL ACCOUNTS EXAM

Final 1620 views 7 replies

WHAT DO YOU THINK ABOUT  PRACTICAL QUESTIONS OF AS-30 IN CA FINAL EXAMINATION INSTEAD OF ITS NOTIFICATION ON 29TH APRIL 2010? THE NOTIFICATION IS PASTED HERE UNDER....

THEY HAVE ASKED 14 MARKS PRACTICAL QUESTION IN OLD COURSE AND 12 MARKS QUESTION IN NEW COURSE. WHO IS RESPONSIBLE FOR SUCH A BLUNDER?

 

POST YOUR COMMENTS HERE PLEASE

 

Important Announcement – May 2010 Examination – CA Final (New) and (Old) on Accounting Standards – AS-30, 31 & 32 - (29-04-2010)
ATTENTION STUDENTS

Queries are being received from various quarters as to whether in today’s context, Accounting Standard(AS)-30, Accounting Standard(AS)-31 and Accounting Standard(AS)-32 are required to be studied thoroughly for the examinations of the Institute, as they are included in the respective syllabus.

In regard to above, it is clarified for guidance of students that while students are required to be conversant with the concepts like types of assets, definitions etc, however, they are not required to be thorough with the application part of the standard, in view of the complexities involved, for May 2010 Exam .

(Vijay Kapur)
Director
Board of Studies
Replies (7)

DOES INSTITUTE HAVE ANY CLARIFICATION FOR THIS ??? Question 2b (in new paper ) and 4b (old ) are exactly same - but still the questiona carries 12 marks in new paper and only 8 marks in the Old paper - DOES INSTITUTE HAVE ANY CLARIFICATION FOR THIS ??? and WILL INSTITUTE GIVE 14 MARKS TO ALL STUDENTS because asking PRACTICAL QUESTION on AS 30 , 31 32 was contrary to the circular issued by ICAI

I dont think this is fair after making such an announcement.. but was it OUT of Syllabus??

@ Revati....

It was not out of syllabus ....but looking at the institute announcement and the language they used.... "students are required to be conversant with the concepts like types of assets, definitions etc, however, they are not required to be thorough with the application part of the standard, in view of the complexities involved, for May 2010 Exam "

will you even read that part if the ICAI itself said that it is not required?

Its really not fair at all.....ICAI has to give explanation for this...

 

 

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if they wouldn have made that statement probably many of us would have been able to solve that sum as a similar question is there in the institute study mat (new syllabus) ... i dint bother to see how to solve the sum while going thru the study mat cuz of this notification ...

even i didn't...

i just read hedge accounting one time and could save my 6 precious numbers barely...

but what about embeded derivatives?

both the questions are their in DS. Rawat books...


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