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Icai issued fr revised chapter 6 for may 2016

Sheetal Jain (.) (894 Points)

22 February 2016

Financial reporting Chapter 6 has been revised as per AS 32..

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Sathish M (Management Accountant) (40581 Points)
Replied 22 February 2016

****clarification****

Better to state it as "Ind AS 32 - Financial Instruments - presentation " because AS 30,31 & 32 is not applicable for May 2016 examination.

Please Note:

Ind AS 32 “Financial Instruments: Presentation”, Ind AS 107 “Financial Instruments:Disclosures” and Ind AS 109 “Financial Instruments” have been made applicable to the topic ‘Accounting and Reporting of Financial Instruments’ instead of AS 30 “Financial Instruments: Recognition and Measurement”, AS 31 “Financial Instruments: Presentation” and AS 32 “Financial Instruments: Disclosures”.

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