Originally posted by : Shrikant Subramanian | ||
For those students who have with them Prac Manual of Jan 2011 edition...and if they are appearing now in May 2012...then is there a need to purchase Latest Jan 2012 edition of Prac Mnaula for all subjects??? Also is revised schedule of schedule VI apliacable for May 2012 exams in accounts and if no..then why should we buy Jan 2012 edition of accts??? Prac Manual coz in account s "Every chapter has been revised in terms of theory or presentation as per revised schedule VI in the financial statements of the companies. Addition of new IFRS and IFRIC has also been made."? |
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Hi I dont think there will be any major changes in the 2012 practice manuals. There may be a few new Q&As included, thats all..The more important factor to me is the amendments in the main book. For the changes in the practice manuals, u can download the new PMs & compare it with the 2011 edition..I dont think it necessary to purchase new PMs.
ICAI has already announced that the revised schedule isnt applicable for May 2011 attempt. The 2012 edition is revised according to the revised schedule for the purpose of Nov 2012 attemptees..I dont think we have to be bothered about that..But u may have to refer the 2012 edition for the new IFRS,etc. & other changes..I'm myself not sure about that..I think we will have to look at the list of publications & RTPs & see what all have to be done from the new edition.