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Showing posts from May, 2019

Difference between CA Final New Course and Old Course?

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ICAI releases e-version of a compendium of revised Indian Accounting Standards

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Chartered accountants’ body ICAI Thursday said it has released the e-version of a compendium of revised Indian Accounting Standards that incorporate new ICAI standard on leases among other amendments. As part of annual improvements, the Ind AS (Indian Accounting Standards), which is based on International Financial Reporting Standards (IFRS), undergo regular upgradation due to the issuance of new standards or amendments in existing standards by IFRS, the accounting body said in a release. The e-version of the compendium of Ind AS includes amendments that were made in Companies (Indian Accounting Standards) Amendment Rules and became effective on April 1. “During the previous year, there have been certain amendments to Ind AS which have all been incorporated in appropriate places and relevant standards in this updated a version of the compendium,” the release said. The existing standard on leases has been replaced in the new accounting standards (Ind AS 116). “In the new lease acc

ICAI Announcement CA Exam Postponed Again

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ICAI Announcement CA Exam Postponed Again ICAI postpones CA foundation paper 3 and paper 4 & 5 of final exam 2019 The Institute of Chartered Accountants of India (ICAI) has postponed the Paper – 3 of Foundation Examination and Paper 4 & 5 of Final Examination. In a press release, issued today, the ICAI has cited certain unavoidable circumstances for the postponement of the said examination. The statement of (ICAI) said, “It is notified for general information that due to certain unavoidable circumstances, Paper – 3 of Foundation Examination and Paper 4 & 5 of Final Examination {Old as well as New Scheme} stand postponed.” The examination of these paper(s) Paper – 3 of Foundation Examination and Paper 4 & 5 of Final Examination (Old as well as New Scheme) will now be held as detailed below. Examination & Paper Previous Notified Date Rescheduled Date Final (Old Scheme) Examination, (Group I),Paper – 4, Corporate and Allied Laws. 2nd June 2019 (S

ICAI CA Exam 2019

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ICAI CA Exam 2019: Significant changes introduced in CA Exam Pattern The Institute of Chartered Accountancy of India (ICAI) released an official notice regarding the changes introduced in CA exam pattern from the May 2019 session onwards. CA Intermediate and CA Final exams are scheduled to be held from May 28-June 12 and May 27-June 11, 2019, respectively. Thus, candidates appearing for either of the two must check here to ensure that the introduced changes do not hinder their preparation. Some of the papers in CA Intermediate and CA Final have been shortlisted which will have both, descriptive questions and MCQs. However, the weightage of marks for long answer questions will be 70% and MCQs will be 30%. Following are the papers in CA Intermediate (revised) and CA IPC(existing), and CA Final (old and new) which will comprise of objective questions to the tune of 30 percent marks. CA Intermediate/ IPCC CA Intermediate CA IPCC Paper No. Subject Paper No. Subject 2 Corporate a

ICAI CA CPT Exam & ICAI CPT Result

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ICAI EXAM Foundation Course Preparation for ICAI Exams requires a lot of efforts. If students efforts are in the right direction then he/she will surely get success and ICAI result will be towards his/her favor. But sometimes, students get demotivated/ distracted by peer friends or relatives, resulting in failure. Nowadays, we can see that even parents are more stressed than students, causing more depression for students. So, key to success for scoring high marks in the upcoming CPT/Foundation exams is to work on time management and stress control during exams days. Solving mock test papers and other practice papers will master these skills and make your confidence high before the exam. Practicing ICAI CA foundation sample papers, model question papers will help you in your upcoming CA Foundation exams. Following are the subjects for CPT Exams: Principles and Practice of Accounting Business Laws and Business Correspondence and Reporting Business Mathematics and Logical Reason