06 March 2009
whether in this exam i.e June 09 CA final exmas in audit will be asking AAS or the Standards on auditing newly came and also some of them are replaced I think 5 aas has replaced other are same but only name has changed so what should we do this revised one or old one's
Also newly added 3 other accounting standards whether they are applicable in this exam for final i.e on financial reporting
06 March 2009
Dear Hari, For SA in Place of AAS, their is an ambuiguity till date about the applicability, but as per my discussion with the ICAI committee it seems that for June09 they are not applicable, but ICAI will clarifies this in the month of March, so you should concentrate on AAS.