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Amendments for CA Intermediate | CA IPCC May 2015

Amendments for CA Intermediate | CA IPCC May 2015
Paper 1 : Accounts 
Chapter Name – Following chapter is added from may 15
Financial Statements of Companies
  • Meaning of company
  • Books of accounts to be maintained at registered office.
  • List of statuary books to be maintained.
  • Annual Return of company
  • Schedule III of companies Act, 2013
  • Managerial remuneration
  • Dividend
Other small topics to be added from this attempt
Note 1 :- All the above mentioned topics are amended as per new Companies Act, 2013.
Note 2:-  Please note that the Schedule III is exactly same as Schedule VI of companies act, 1956 only the name have been changed.
Chapter name – Accounting for Bonus Issue 
Section 63 of Companies Act, 2013 related to issue of bonus shares have been ammended
Paper 2 : Law, Ethics & Communication –
additional sections in Companies Act, 2013 which are notified by MCA i.e. Section 1-122 are applicable for May 2015 syllabus .
Note:Its better to buy new book for company law.
We will suggest hand book by pankaj garg for LAW ETHICS & COMMUNICATION Buy latest book from here CLICK HERE and practice manual and those who can’t afford new book can refer icai module, AND CAN ALSO CHECK OUT FOR FREE BOOKS HERE: CLICK HERE TO READ BOOKS FREELY
Amendments applicable for IPCC May 2015 Paper 3 : Cost & FM – No change
Amendments applicable for IPCC May 2015 Paper 4 : Taxation – the changes will be as per finance act 2015
Amendments applicable for IPCC May 2015 Paper 5 : Advance Accounts – the only Changes are related to Schedule III on new co. act. and other changes u can be traced in RTP which will be released soon by ICAI.
Amendments applicable for IPCC May 2015 Paper 6 : Auditing – There are just slight changes in Company Audit 1 and 2 chapter, which you can find in RTP which will be out soon.
Amendments applicable for IPCC May 2015 Paper 7 : IT & SM – No changes as of now.
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