(1) I am ca final student, is it possible to give 2nd grp this time and 1st grp in may 2016 as syllabus gong to chng in may 2016 or give both group. (2) If i opt for 1st group then is there any change in AS due to new CARO introduced? please guide.
Hello, It is possible to give group 2 first and then group 1, it all depend upon the study you have done. If you have your Group 2 study properly then give exam of it only. It does not matter which group you are giving. Since the syllabus is changing and also the institute has not made it clear the applicability of the change syllabus. It is a good decision you have taken by deciding to go for group 2. Yes, since the new CARO is applicable. the AS will also been revised to cope up with the Compliance of the CARO but mostly such changes in the AS will not applicable to May 2016. So you need not worry about the AS but the Ind AS is applicable for May 2016
Dear kavita, Its your choice for which group you want to appear. As such there is no restriction by the icai regarding appear for ca group. as per the amendment made by the icai, their is no change in subjects for existing students. however the amendment shall be their only related to the content of the subject. if you opt 1s group than their is also no change in AS, because till date ind-as is not applicable. CARO shall be change in Audit exams however in caro their is no major change. Any other query feel free to contact us Writer CA Chitranjan Agarwal