ToM.. (-) (309 Points)
07 June 2014Hello,
What are the Changes that have been made in Financial Reporting Syllabus due to New Comapnies Act 2013?
Do i Have to Purchase a New Book for this, for CA Final Nov14 Exams?
Thanks..
Vinay Garg
(Service Tax Expert)
(780 Points)
Replied 07 June 2014
I dont think there exists any major ammendment on Financial Reporting for Nov.2014 attempt.
What i know till date is
1). NACAS is replaced by NFRA (National Finance Reporting Authority).
2). Revised Schedule VI is replaced by Schedule III of Companies Act 2013. But no need to worry because there is no change in format.
Note: There may exists other changes in Financial Reporting due to Companies Act 2013 which may be unknown to me.
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