Financial Reporting

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2011 Dear Friends,

i am goin to write my CA final exams on May 2012.

could you please suggest whether i can buy MPV book now and start working or some of my friends saying the whole book going to be changes due to AS convergance.

Amalgamation, Consolidation concepts may change which leads to working problems will also change.

please share your thoughts.

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
Follow

16 January 2011 Yes, you may wait.
.

But in professional exams; studies should not be stopeed.
.

Everytime there are new developments

and

when you see only the last scene of a picture, you can't enjoy it full.

Message likes : 1 times

Manmohan ACA, CS

Manmohan ACA, CS (Expert)
Follow

16 January 2011 MPV books comes in two part one for AS(including IFRS) and other for Financial Reporting (other topics), Don't buy AS books but start solving other one , the Basic of IFRS will hardly make any change in these topics........
and If you are still worried why Don't you start reading form the amended Accounting Standards conversed with IFRS issued by ICAI at following link

http://www.icai.org/new_post.html?post_id=6856&c_id=219

and even you are not satisfied start with ADVANCED MANAGEMENT ACCOUNTING OR ANY OTHER SUBJECT

BEST OF LUCK

Message likes : 1 times

Upgrade to CAclubindia Pro. Subscribe Now!

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2011 Thanks Experts.

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2011 Other Experst,do add your thoughts pls.