International financial reporting standerd

This query is : Resolved

Deepak Rohilla (Querist)
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20 February 2015 Hello
I have started self study of Financial Reporting and my attempt is May 2016. I want to enroll myself with new syllabus for CA final.
Parveen Sharma Sir announced to cover IFRS in their next Batch.
Whether Accounting Standerds will be relevant for May 2016 attempt even after applicablity of IFRS...?
Shall I continue Financial Reporting with current Scenario or wait for applicability of IFRS for May 2016 Attempt.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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20 February 2015 Expected to be applicable for May 2016 Exams. Wait for official announcement by ICAI.

Breaking News:

All stakeholders are hereby informed that the Ministry of Corporate Affairs has notified Roadmap for applicability of Indian Accounting Standards (Ind AS) for compliance by the class of companies specified in the said roadmap. The notification has been uploaded on www.mca.gov.in along with the thirty nine (39) Indian Accounting Standards (Ind AS).Companies which are not required to follow Indian Accounting Standards (Ind AS) shall continue to comply with Accounting Standards as prescribed in Companies (Accounting Standards) Rules, 2006.

Read more at: https://www.caclubindia.com/forum/breaking-news-roadmap-for-applicability-of-ind-as-notified--320570.asp#.VObnEvyqqko