Dear friends,
In the Student's Journal issue of March 2011, the 'Announcement' with respect to 'Revision in Study Materials for Final Course' clearly mentions in the first paragraph itself that there is ABSOLUTELY NO CHANGE in the syllabus of Final course EXCEPT exclusion of 'Inflation Accounting' in Paper 1:Financial Reporting and 'Time Series Analysis' and 'Test of Hypothesis' in Paper 5: Adv. Mgmnt. Accounting.
Then in the Annexure to this notification, they have given all the changes/revision that they have made in the JAN '11 edition of Modules. There are many changes made APART from the one the ICAI has mentioned in the 1st para. For example - in ISCA, Chapter 4 & 8 have been revised. Certain sections have been replaced in Chpt. 8.
Now I'm confused as to what's applicable and what's not, thanks to the mindlessness and unorganised way of working and presenting information of these ICAI officials.
Please clarify, if anybody can.
CAclubindia
