Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

AAS for Nov-09

Rahul Gupta (Asst Manager Controlling) (50 Points)

23 May 2009

Hi,

I recently came to know that AAS have been changed and sub-divided into SAQ, SQC etc. Can anyone tell that for exam purpose of Nov-09 and May-10 we should follow and go through earlier AAS or the revised one

Reply
Follow
Share

8 Replies

$AcH!n G (Still Running for My Destination) (1036 Points)
Replied 23 May 2009

go for both because ca institute have not cleared it.

Upgrade to CAclubindia Pro. Subscribe Now!

CA Swapnil (job ) (1205 Points)
Replied 23 May 2009

SA .....there has been a notification regarding the same...

CA Swapnil (job ) (1205 Points)
Replied 23 May 2009

The board of studies has clarified that it is SA now...SA was implemented from 1.4.2008 itself...it is better to remember both...

CA Swapnil (job ) (1205 Points)
Replied 23 May 2009

rahul,since u have asked for nov,09....it is SA only....the whole confusion has been for the june attempt...

Sandeep Keswani (Tax Consultant) (1064 Points)
Replied 23 May 2009

Thanx Swapnil for the information. Can u provide the copy of the said notification.

Upgrade to CAclubindia Pro. Subscribe Now!

CA Swapnil (job ) (1205 Points)
Replied 23 May 2009

i had read it in a previous thread on a similar topic....even if u dont get the notification..for november attempt its SA....its deemed that we will be expected to knw the things which are 'IN'

chaitanya (Asst Manager finance) (85 Points)
Replied 23 May 2009

Hai,

Mine is also the same problem that whether it is SA or AAS for Nov 09. But to my know, SA were implemented since 01.04.2009 i.e., for the audits commencing from that date. Even in May 09 journal also, few new SA were published.

So i dont think that these are applicable for June 09. Also before talking about Nov 09, i want to ensure that all SAs are came into force overiding the old AAS. Could any body of u tell about that?

Pratik K (Student) (3406 Points)
Replied 24 May 2009

NO go for the new changes AAS

As Institute is quite clear in concepts.As mostly we have seen that in case of change in any act or Study related part Institute implements new changed act for the exam which comes after 6 to 8 months later then from the change.

In this case For Nov2009 exam it will be almost more than 10 months form the change of AAS so only new AAS wil be applicable.I am sure Institute will soon notify the same.