Thursday, June 11, 2015

CA Final Amendments for November 2015 Exam Amendments in Accounts Paper

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CA Final Amendments for November 2015 Exam Amendments in Financial Reporting

The ICAI has been amended the Syllabus of Accounts for CA Final and IPCC November 2015 Exams. The Institute Of Chartered Accountants OF India has issued a notification in regard to this matter. The ICAI has issued a notification dated 30-05-2015 specifying modifications in the syllabus of Accounts in CA Final and CA IPCC Exams.

According to the Amendments applicable for November 2015 Exam, some changes have been made. Some topics are "Excluded" and "Included" in the revised syllabus in Account's Paper of CA Final & CA IPCC.

Exclusions w.e.f. Nov 2015 Exams:

CA Final
Paper 1:- Financial Reporting Overview of International Accounting Standards (IAS)/ International Financial Reporting Standards (IFRS). Interpretation by International Financial Reporting Committee (IFRIC), Significant differences vis-a-vis Indian Accounting Standards, Understanding of US GAAPs, Applications of IFRS and US GAAP.

CA IPCC
Paper 5 :-Financial Reporting of Electricity Companies

Inclusions w.e.f. May 2016 Exams:

CA Final
Paper 1 : Financial Reporting Introduction of Indian Accounting Standards ( Ind AS): Comparative Study of ASs vis-avis Ind ASs: Carve outs/ins in Ind ASs vis-a-vis International Financial Reporting Standards (IFRSs).

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