Hello Final Passed Students,
Can any one send me how You study all AS and AAS in Your Inter or PCC?
This is very hard, Pls help me.
by
harish
AAS and AS
(Guest)
4 Replies
Venkat Rao Marella
(Manager Business Finance)
(1451 Points)
Replied 06 October 2008
Don’t jump directly to the text of AS /AAS unless you have good understanding of the same. Pick up accounting standards by Mr. MP. Vijay Kumar. Start from the basics, you can get through.
(Guest)
| Originally posted by :Venkat Rao MarellaThanks | ||
| " | Don’t jump directly to the text of AS /AAS unless you have good understanding of the same. Pick up accounting standards by Mr. MP. Vijay Kumar. Start from the basics, you can get through. | " |
ANAND U PATANKAR
(CHARTERED ACCOUNTANT)
(68 Points)
Replied 07 October 2008
Dear Harish,
For study of AS & AAS, you first go through a simplified gists of ASs & AASs from the books such as Rawat & Vijay Kumar.
For study you can follow the step by step method as below-
A. Firstly, try to understand the objective behind introducing the respective AS.
B. Then, try to understand the accounting treatment , disclosure requirement in
the AS.
C. Finally, try to compare the objectives and the said accounting
treatment / disclosure rquirement with the objective.
When you will be able to co relate the objectives of the AS and its impact, you will understand it permanently.
The same approach can be applied for AASs also.
Just try it & soon you will find AS & AAS easy .BEST LUCK for Exams
Regards,
CA Anand U Patankar
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