CHANGES IN IPCC SYLLABUS:
The topic of “Financial Reporting of Electricity Companies
” would be excluded from the syllabus of
Paper 5 : Advanced Accounting and the same would not be applicable from
November, 2015 Examination and onwards.
CHANGES IN FINAL SYLLABUS
The topic of “Overview of International Accounting Standards (IAS) /
International Financial Reporting Standards (IFRS),
Interpretations by International Financial Reporting
Interpretation Committee (IFRIC), Significan
t differences vis-a-vis Indian Accounting Standards;
Understanding of US GAAPs, Applications of IFRS and US”
would be excluded from the syllabus of
Final Paper 1 : Financial Reporting and the same would not be applicable from November, 2015 Examination.
Further, the topic of “Introduction of Indian Accounting Standards (Ind AS);
Comparative study of ASs vis-a-vis Ind ASs; Carve outs/ins in
Ind ASs vis-à-vis International Financial Reporting Standards
(IFRSs)” would be included in the syllabus of
Final Paper 1 : Financial Reporting and the same
would be applicable from May, 2016 Examination.