Is Ind AS applicable for May 2012 ca final??????? And if yes, what will be the changes in Practicle chapters of Account and how to prepare for that?????
4 Replies
Arvind Sharma
(ACA)
(1432 Points)
Replied 27 June 2011
have regular visit on icai.org
Institute will notify whether the same will be applicable or not.. However, for Nov 11, the same are not applicable.
As far I guess, the same will also not be applicable for May 2012..
Hardik Dave
(IPCC and CS Professional(FINAL) Student)
(15533 Points)
Replied 27 June 2011
I think it will not applicable.
CA Arun Chhajer
(GST Faculty @ Ministry of MSME Govt of India)
(2813 Points)
Replied 30 June 2011
Till Nov 2011 the AS will be applicable for the CA Final exam. After that IFRS will be come into picture in place of AS.
Regadrs
Arun
CA RADHIKA AGARWAL
(CA)
(300 Points)
Replied 01 July 2011
Arun let me correct u...in India IFRS will never cum..converged form of IFRS notified by NACAS i.e Ind-AS will cum..and yeah dat will be applicable from may12 onwards..
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