CA Intermediate Amendments in Accounting Syllabus for November 2018 Attempt
Dear student, are you preparing for your CA Intermediate, Nov 2018? In that case, your undisputed attention is solicited! ICAI has announced the amendments applicable for CA Inter candidates who will give their exam in November this year. Please note that the following amendments are applicable only and only for the students registered under the new course.
CA Inter Nov 18 Amendment – Paper 1: Accounting
List of Applicable Accounting Standards
AS 1: Disclosure of Accounting Policies
AS 2: Valuation of Inventories
AS 3: Cash Flow Statements
AS 4: Contingencies and Events occurring after the Balance Sheet Date
AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
AS 10: Property, Plant and Equipment
AS 11: The Effects of Changes in Foreign Exchange Rates
AS 12: Accounting for Government Grants
AS 13: Accounting for Investments
AS 16: Borrowing Costs
AS 17: Segment Reporting
AS 22: Accounting for Taxes on Income
Applicability of the Companies Act, 2013 and other Legislative Amendments for November 2018 Examination
The relevant notified Sections of the Companies Act, 2013 and legislative amendments including relevant Notifications / Circulars / Rules / Guidelines issued by Regulating Authorities up to 30th April, 2018 will be applicable for November, 2018 Examination.
Non-Applicability of Ind AS
The Ministry of Corporate Affairs has notified Companies (Indian Accounting Standards) Rules, 2015 on 16th February, 2015, for compliance by certain class of companies. These Ind AS do not form part of the syllabus and hence are not applicable.
In case of any queries, syllabus related or otherwise, talk to our CA-Inter academic advisor @ 1800-212-8575 or Visit: Syllabus for CA Intermediate Accounting.