INDAS has been included in CA Final Syllabus for May, 2016 Exam

Mod­i­fi­ca­tion in the Syl­labi of Account­ing Papers and its applic­a­bil­i­ty for the forth­com­ing Char­tered Accoun­tan­cy Examinations

It has been decid­ed that the fol­low­ing mod­i­fi­ca­tion be made for the forth­com­ing exam­i­na­tions in con­text with Final Paper 1 : Finan­cial Report­ing and Inter­me­di­ate (IPC) Paper 5 : Advanced Accounting :-

Exclu­sion from the syl­labus with effect from Novem­ber, 2015 examination

Lev­el	Paper	Top­ic
Final	Paper 1: Finan­cial Reporting	Overview of Inter­na­tion­al Account­ing Stan­dards (IAS) / Inter­na­tion­al Finan­cial Report­ing Stan­dards (IFRS), Inter­pre­ta­tions by Inter­na­tion­al Finan­cial Report­ing Inter­pre­ta­tion Com­mit­tee (IFRIC), Sig­nif­i­cant dif­fer­ences vis-a-vis Indi­an Account­ing Standards. Under­stand­ing of US GAAPs, Appli­ca­tions of IFRS and US GAAP.
Inter­me­di­ate (IPC)	Paper 5 : Advanced Accounting	Finan­cial Report­ing of Elec­tric­i­ty Companies

Inclu­sion in the syl­labus with effect from May, 2016 examination

Lev­el	Paper	Top­ic
Final	Paper 1: Finan­cial Reporting	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).