Accounting Standards applicable for PE II June 2009
Note: AS 1 to AS 29 are applicable for June, 2009 Examination
Source: ICAI web site. Revision Test Paper June 2009 Accounting at page 65
Link: https://www.icai.org/resource_file/15798rtp_pe2_paper1.pdf (click on the link to view the source}
Normally there will be no change for November 2009 also. But for some AS in depth knowledge is not required at PE II level they are.........
Students at PE-II level, Accounting Standards and Guidance Notes related to the topics given in the study material are more relevant. They are not expected to know in detail the advanced standards like Consolidated Financial Statements (AS 21), Accounting for Investments in Associates in Consolidated Financial Statements (AS 23), Discontinuing Operations (AS 24), Financial Reporting of Interests in Joint Ventures (AS 27), Impairment of Assets (AS 28) and Provisions, Contingent Liabilities and Contingent Assets (AS 29).
Source: Revision Test Paper Gr II Nov 07 at page 128.