SA 260 and 570 revised are appl for Nov 2017
in Audit AS based que are to be ans as per Ind As?
Yes, revised SA 260 & 570 are applicable.
In case if FR, as per RTP "Considering the extensive coverage of the contents covered in this topic,
small simple problems involving conceptual or application issues may be asked in the
examination.
It may be noted that the existing Accounting Standards will continue to be applicable
for November, 2017 examination for all chapters except Chapter 2 as mentioned
above and Chapter 6 on 'Accounting and Reporting of Financial Instruments' which
would be based on Ind AS 32, 107 and 109."
So, in my view questions based on standards would specify whether to answer as per AS or indas, if nothing is mentioned we need to answer as per AS and not IndAS.
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