For May 2016 Final exam, is detailed study of each Ind-AS required? Is the supplementary study material of the Institute sufficient for it?
How much weightage can we expect for Ind-AS questions?
kartik
(student)
(989 Points)
Replied 26 January 2016
Yes, the supplementary should suffice. Study differences between current AS and Ind AS. Study Ind AS 32, 107 and 109 in full as they are now applicable in place of existing AS 30, 31 and 32. Also refer revised chapter 6 of the study material which has sums on accounting for financial instruments. That chapter has been revised on the lines of Ind AS 32, 107 and 109.