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Ipcc audit syllabus for nov 14 exam.

faraz094 (Student CA IPC / IPCC) (142 Points)

29 August 2014

I've seen from institute website that due to applicabity of companies Act 2013, 2 chapter in audit are change i.e co. Audit 1&2 but,most of the student say that it will be applicable from May 15 attempt .so i very confused kindly suggest me what to study ???

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4 Replies

Vinita Punjabi (student) (454 Points)
Replied 29 August 2014

Same prblm is being faced by me. Pls suggest

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Mayank Jain (Student) (575 Points)
Replied 29 August 2014

/forum/new-law-syllabus-for-november-2014-ca-ipcc-n-ca-final-exams-285358.asp#.VAAoOfmSy-Y

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Deepak Gupta (CA Student) (15922 Points)
Replied 29 August 2014

For CA-IPC Nov’14 exams, ICAI revised study material (July 2014 edition) is not applicable.
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In this revised edition Company Audit chapter I & II has been revised whereas they are not applicable for the Nov’14 attempt.
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Chapter X of Companies Act, 2013 (Sec. 139 to Sec. 148) which relates to ‘Audit & Auditors’ was notified on 26.03.2014.
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ICAI publication, “Applicability of Standards/Guidance Notes/Legislative Amendments etc. for November, 2014 – Intermediate (IPC) Examination”, clearly states that New 184 sections of the Companies Act, 2013 notified on 27.02.2014 and 26.03.2014 are not applicable.
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Therefore, for CA-IPC Nov’14 exams provisions of Companies Act, 1956 are applicable for audit paper in case of company audit chapter.
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53 sections out of 98 sections of Companies Act, 2013 notified on 12.09.2013 are applicable for CA-IPC Nov’14. Only few sections are relevant for the audit paper and the amendments have been given in the revision test paper, attached herewith.