Whether Present ACCOUNTING STANDARDS will remain applicable for MAY 2018 CA FINAL ATTEMPT? What will be the changes and from when it will be applicable,if any?
Shobhit Jain (CA) (4896 Points)
20 October 2015Whether Present ACCOUNTING STANDARDS will remain applicable for MAY 2018 CA FINAL ATTEMPT? What will be the changes and from when it will be applicable,if any?
Sunish
(Freelance)
(168 Points)
Replied 21 October 2015
Both current standards (AS-1 to AS -32) and IndAS will be applicable is what we can say as of now. So go ahead with your preparations on both . Read Financial Reporting Study material ( latest ) first chapter to get more insights