Hi Friends !
If someone has analysed the trend plz inform what is the weightage of AS in IPCC.
PLZ tell individually for grup 1 n grup 2.
Thanx
To_the_point (IPCC NOV 10) (125 Points)
08 June 2010Hi Friends !
If someone has analysed the trend plz inform what is the weightage of AS in IPCC.
PLZ tell individually for grup 1 n grup 2.
Thanx
CA Sahil Singla..
(Service Tax )
(3746 Points)
Replied 08 June 2010
in ipcc AS comes for nearly 14 -16 marks in both grps ...one of this is a 4 mark practical question for surely
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 08 June 2010
Dear Friend study of Accounting Standards in CA is very important and indispensible.
Special attention needs to be given to Accounting Standards. Only good knowledge of Accounting Standards is not enough but you must understand the technique to apply Accounting Standards in accounts and audit practical problems.
Most of the times you’ll find a practical problem in Audit based on Accounting Standard. For this purpose refer ICAI suggested answers and observe the application of Accounting Standard to the problem. Another benefit of this task is—it also helps you to understand AS in a much better way.
Also wait for other suitable opinions.
All the Best and Regards
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 08 June 2010
One more thing to mention--- it is not about PCC or IPCC ---it is about knowledge and understanding. A good understanding of AS surely help you in CA final and in finals you have to deal with AS in a very high standard manner.
If for now you have less time then prepare selective Accounting Standard but do prepare some AS for confidence purpose.
Trust my words help you to decide.
Thanks
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