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Will ifrs/ind as be applicable for nov.'12

Final 1244 views 2 replies

Nikhail

240 Points Joined October 2011

HI FRIENDS!!

I failed CA FINAL dis time and got just 320.....

I'm thinking of giving group 2 in MAY'12 and group1 in NOV. but i'm afraid if in A/Cs IFRS becomes applicable in NOV, then my notes of praveen sharma dec. 2010 batch would be partially obsolete.

Can A/Cs for FINAL be prepared well if I follow a text book byMP VIJAYKUMAR/D.S. RAWAT as I won't be able 2 attend praveen sir's satelite classes AGAIN ???

Can anyone tell me whether IndAS/Converged Accounting standard and IFRS will be applicable in NOV.'12 ???........

Replies (2)

Reg. IFRS applicability for Nov 2012, no body can say at this point of time. But for May 2012 institute has notified that they are not applicable. But in my personal view, chances are there that they may be made applicable for Nov 2012 attempt.