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CA Final Important Accounting Standards (AS) – November 2018 Exam

CA Final Important Accounting Standards (AS) – November 2018 Exam

CA Final Important Accounting Standards (AS)  – CA Final Students can expect around 28-30 Marks in FR Exam, which makes Accounting Standards one of the most important topics. Students are recommended to concentrate on the below CA Final Important Accounting Standards before exam. Here we are also providing techniques memorise names of all accounting standard

CA Final Important Accounting Standards

CA Final Important Accounting Standards

Scroll down and download top techniques for memorizing names of all accounting standard 

CA Final Important Accounting Standards:

We have provided an ABC Method of categorizing CA Final important Accounting Standards.

Category A:

No.AS Detail
AS 16Borrowing Costs
AS 9Revenue Recognition
AS 13Investments
AS 12Government Grants
AS 22Taxes on Income

Category B:

No.AS Detail
AS 25Interim Financial Reporting
AS 11Foreign Exchange
AS 7Construction Contracts

Category C:

No.AS Detail
AS 28Impairment of Assets
AS 10Fixed Assets
AS 18Related Party

FR Important Notes Download 

 Name of the FilePDF
Guidance Notes on Derivative AccountingDownload
Guidance Note on CSR AccountingDownload
IAS vs AS 5 Page Summary NotesDownload
Financial Reporting Mock Test for nov 2016 with SolutionDownload
IAS Comparative Study Notes from DS Rawat BookDownload
All FR Accounting Standards Summary NotesDownload
Financial Reporting Theory NotesDownload

Download top techniques for memorizing names of all accounting standard 

CA Final FR Amendments Nov 2018 :

There are only two new amendments in CA Final Financial Reporting Paper, when compared to the nov 2016 syllabus. These are:

  •  Guidance Note on Accounting for Expenditure on CSR Activities.
  •  Guidance Note on Accounting for Derivative Contracts.

1. Framework for Preparation and Presentation of Financial Statements in accordance with Indian Accounting Standards.

2. Application of Indian Accounting Standards (Ind ASs) and Existing Accounting Standards on various accounting aspects with reference to-

  • Separate financial statements
  • Consolidated financial statements
  • Disclosures
  • Financial instruments
  • Special transactions
  • Understanding of Industry Specific Accounting.

3. Application of Guidance Notes issued by ICAI on various accounting aspects.

4. Principles of Integrated Reporting.

Note – If either a new Indian Accounting Standard (Ind AS) or Accounting Standard (AS), Announcements and Limited Revisions to Ind AS / AS are issued or the earlier one are withdrawn or new Ind AS / AS, Announcements and Limited Revisions to Ind AS / AS are issued in place of existing Ind AS / AS, Announcements and Limited Revisions to Ind AS / AS, the syllabus will accordingly include / exclude such new developments in the place of the existing ones with effect from the date to be notified.

The list of Guidance Notes in Accounting applicable in this paper for a particular exam will be issued separately before the respective examination.

Recommended Read : List of all accounting standard by ICAI

Annexure

Guidance Notes on Accounting Aspects applicable at Final level

1. Guidance Note on Accounting Treatment for Excise Duty.

2. Guidance Note on Accounting Treatment for MODVAT/CENVAT.

3. Guidance Note on Accounting for Credit Available in respect of Minimum Alternate Tax under the Income Tax Act, 1961.

4. Guidance Note on the Revised Schedule VI to the Companies Act, 1956 (Now Schedule III to the Companies Act, 2013).

5. Guidance Note on Accounting for Derivative contracts (issued 2015)

6. Guidance Note on Accounting for Expenditure on Corporate Social Responsibility Activities (Issued nov 15, 2015)

7. Guidance Note on Accounting for Oil and Gas Producing Activities (revised 2013)

8. Guidance Note on Accounting Treatment for Excise Duty

9. Guidance Note on Accounting for State-level Value Added Tax

10. Guidance Note on Accounting for Real Estate Transactions (Revised 2012) and Guidance Note on Accounting for Real Estate Transactions (for entities to whom Ind AS is applicable) issued nov, 2016

11. Guidance Note on Accounting for Rate Regulated Activities

12. Guidance Note on Accounting for Self-generated Certified Emission Reductions (CERs) (Issued 2012)

13. Guidance Note on Accounting by Dot-Com Companies

Recommended Read : Indian Accounting Standard Complete Guide

Along with this CA Final Important Accounting Standards article, you also must read the following articles

CA Final Important Accounting Standards : The articles below will help you with everything you will need to register for the CA Final Exam with dates,syllabus,admit card and result.

CA Final Registration

CA Final syllabus

CA final admit card

CA Final exam time table

CA Final Result

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