14 September 2014
Hi I'm Samanth going to write ipcc exams in this nov 14 attempt My doubt is about company audits 1,2 Is company act 2013 is applicable from this nov attempt In RTP's company act 1956 sections were there but study materials of nov 14 new act sections were there so which of those I have to prepare please clarify my doubt ThanQ.
14 September 2014
Since Section 139 to Section 148 (Chapter X - Audit and Auditors of CA 2013) are not among the 53 out of 98 notified Sections. which are applicable for Nov 2014 exams there is no changes in Audit Subject for IPCC Nov 2014 exams. So provisions of Companies Act 1956 continues to apply for Audit Paper of IPCC in Nov 2014 exams. Furter, Chapter X - Audit and Auditors of Companies Act 2013 has been specifically included for CA Final Auditing paper only. See the ICAI notification from below link-- http://220.227.161.86/33530bos23144nov14.pdf Also check out below link-- http://www.surbhibansal.com/announcement.html But in RTP of Audit Nov 2014 there is some amendments given as per Companies Act 2013, which i think you should study for safety. See RTP from link given below-- http://220.227.161.86/34566rtp_nov14_ipcc-6.pdf
14 September 2014
http://www.icai.org/new_post.html?post_id=10951&c_id=342
Also Check out about applicable sections of the Companies Act, 2013- for Group II : Paper 6 Auditing & Assurance Intermediate (IPC) November 2014 Examination, from above link. Notification issued by ICAI on 11.09.2014.