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a/c query

ashish (article) (69 Points)

31 July 2010

i just want to know whether ifrs or draft exposure of it are appilcable to ca final student of may'11?????????

if yes then which reference book to refer

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6 Replies

Faiz Ahmed ( Article Trainee) (1731 Points)
Replied 31 July 2010

Dear Ashish,

IFRS will not be applicable for May'11 exams. IFRS will be implemented in India on 1st April,2011. Institute guidelines say, all amendments before 6 months of any exams are applicable So for May'11 exams all amendments up to 31st October,2010 will only be taken.

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CA Ayush Agarwal (Kolkata-Pune-Mumbai) (27186 Points)
Replied 31 July 2010

Dear Faiz,

UR Rite,

But IFRS General Concept Will Be Applicable to May c11 Ca Final Students.

IFRS 1-8

Faiz Ahmed ( Article Trainee) (1731 Points)
Replied 31 July 2010

Originally posted by : AYUSH AGRAWAL
	Dear Faiz, UR Rite, But IFRS General Concept Will Be Applicable to May c11 Ca Final Students. IFRS 1-8

Yeah that is already their in books... Details of IFRS will be applicable only after May'11 exams.

(Guest)

Originally posted by : Faiz Ahmed
	Originally posted by : AYUSH AGRAWAL Dear Faiz, UR Rite, But IFRS General Concept Will Be Applicable to May c11 Ca Final Students. IFRS 1-8 Yeah that is already their in books... Details of IFRS will be applicable only after May'11 exams.

venkateswarlu. (CA Final ) (118 Points)
Replied 31 July 2010

general knowledge inrespect of comparison of IFRS and AS 's is required

and there is a chance of asking the brief questions inrespect of IFRS 2 share based payments since that total IFRS 2 is covered under the chapter Share based payments