Amendments For November 2017 Exams By Aldine

0
440

Amendments For November 2017 Exams By Aldine. List of Topics amended or issued in recent past which are applicable for Nov. 2017 Exams. Although all the amendments applicable for the exams are available in the Revision Test Papers released by the Institute Of Chartered Accountants of India. The RTPs can be downloaded from this link. Aldine has also shared their Amendments in Simple summarized language for your kind reference.

Amendments for November 2017

  1. SA 260 (Revised), SA 570 (Revised) & SA 610 (Revised).
  2. SRE 2400 (Revised), SAE 3420 (Newly issued) & SRS 4410 (Revised).
  3. Companies (Audit & Auditor’s) Amendment Rules, 2017.
  4. SEBI (LODR) Regulations, 2015.
  5. NBFC Auditor’s Report (Reserve Bank) Directions, 2016.Amendments for November 2017
  6. Guidance Notes on CARO, 2016.
  7. Guidance Note on Reporting of Fraud.
  8. Guidance Note on Reporting u/s 143(3)(f) and 143(3)(h).
  9. Guidance Note on IFC over Financial Reporting.

A notification was issued by ICAI on 06.07.2017 stating that SA 701 (newly issued), SA 700 (Revised), 705 (Revised) and 706 (Revised) will not be applicable for Nov. 2017 Exams as their applicability been deferred to 01.04.2018. These standards are included by the Board of Studies in their revised study material of Jan. 2017 edition.

It is advisable that you should study the revised standards of 700 series also, as SA 260 (Revised) and SA 570 (Revised) which is applicable for the Nov. 2017 exams, contains the amendments based on SA 700 (Revised) and SA 701 (newly issued). Without studying the SA 700 (Revised) and SA 701 (Newly issued) you will not be able to correlate the amended portion of SA 260 (Revised) and SA 570 (Revised).

In addition, though it is announced by Board of Studies that Revised standards of 700 series will not be applicable, but as a precautionary measure, it is again advisable that you should study both the categories of standards. In Nov. 2016 exams, when Board of Studies announced that CARO, 2016 will be applicable for the exams, the examiner asked the question based on CARO, 2015.

Amendments for November 2017.

 

Comments

comments