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should i study old AS 6 & AS 10" Fixed Assets" for ipc may 2017 ?
should I study only New AS 10" property plant & equipment" or old As 10 n As 6 also as it is in syllabus..
Replies (4)
Study Both
They are going to test old AS 10 fully.
However, in case of New AS 10, they will test basic concepts.
Only if u know old Accounting Standard u can appreciate new accounting standards
They are going to test old AS 10 fully.
However, in case of New AS 10, they will test basic concepts.
Only if u know old Accounting Standard u can appreciate new accounting standards
AS 6 and AS 10 (old) no more exist, only AS 10 PPE (2016) is applicable for May-2017 exam.
https://resource.cdn.icai.org/44314bos34182ipc.pdf
Handwritten notes📋 on Revised AS 10 - Property , Plant & Equipment for understanding in 10 minutes. As applicable for IPCE in May 2017 ☺
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