What was the weightage for old AS in FR May 2017 Paper? should we concentrate equally on both IND AS and Old AS?
Weightage for old as in may 2017 fr paper
CA girl (Article Trainee-CA Final) (1942 Points)
19 June 2017
Aritra Majumdar
(B.Com(H),CA)
(2420 Points)
Replied 19 June 2017
All questions in exam were from old as but were to be answered from ind as only. So old as were not asked in exam.
I think practical questions in IND AS will be tested in November as well.
Aum Maheta
(none yet)
(216 Points)
Replied 20 June 2017
Originally posted by : aritra majumdar | ||
All questions in exam were from old as but were to be answered from ind as only. So old as were not asked in exam. I think practical questions in IND AS will be tested in November as well. |
Does study material(Module+PM) contain practical ques. of IND AS? Which reference book is advisable for practical ques. of IND AS?
CA Gopal Somani
(Consultant)
(2057 Points)
Replied 22 June 2017
Yes, It looks like ICAI is emphasizing more on Ind AS. Its better to concentrate on Ind AS equally.
I've been uploading videos on youtube explaining the differences between various AS and Ind AS. If you want to know AS wise differnces the videos. Below is the link to some of the videos
Difference in AS & Ind AS - AS 16 vs Ind AS 23 (Borrowing Costs)
https://youtu.be/hhAJnysdgng
Difference in AS and Ind AS - AS 2 vs Ind AS 2
https://youtu.be/DowstExpNio
Difference in AS & Ind AS - AS 3 vs Ind AS 7 (Cash Flow)
https://youtu.be/zVt11LkogNI
I hope these will be helpful for you.