Posted by VENKATESWARULU
On 00:45
Important AnnouncementNon-applicability of Revised Schedule VI for November 2011 Examination
This is to bring to the attention of students that a decision has been taken to defer the applicability of the Revised Schedule VI for CA examination, consequent to which the same will not be applicable for the PCC, IPCC and Final examinations to be held in November, 2011.
Accordingly, in the list of publications/amendments relevant for November 2011 examination published in Students’ Journal “The Chartered Accountant Student”, the following portions given in column (4) of the table below are to be excluded:
|
Month of Issue | Page No. | Particulars / Heading | Portion to be excluded |
(1) | (2) | (3) | (4) |
May 2011 | 27 | List of Institute’s Publications relevant for November 2011 examination | Sl. No. III. relating to Revised Schedule VI (under Final Course Paper 1: Financial Reporting) |
May 2011 | 30 |
-do- | Note 1 (Common for PCC/IPCC Paper 1/Paper 5) under Paper 5: Advanced Accounting |
June 2011 | 28-29 | Applicability of relevant amendments etc. relating to Corporate and Allied Laws (Final) for November, 2011 examination |
The seventh row under the said heading relating to Schedule VI |
Further, the first sentence in the Note given in page 25 below the illustrative format of “Notes to Accounts” published in the June 2011 issue of the Students’ Journal, mentioning, inter alia, that the Revised Schedule VI is applicable from November 2011 examination should also be ignored.
Director- Board of Studies - ICAI
Posted by VENKATESWARULU
On 00:37
Accounting Standard-11 relating to “The Effects of Changes in Foreign Exchange Rates” earlier prescribed under the Companies (Accounting Standards) Rules 2006 has been now amended by the Central Government, in terms of the powers conferred on them under the Companies Act, 1956, vide Notification dated 31
st March, 2009. The said Notification contains an amendment i.e. a new Paragraph-46 to be inserted in the AS-11 earlier prescribed as aforementioned. The Notification so published by the Central Government is available at
http://220.227.161.86/15726mca193_and_194.pdfIt may be noted that the amendment as contained in the said Notification shall be applicable to corporates registered under the Companies Act, 1956.
As for entities other than those registered under the Companies Act, 1956, the Accounting Standard-11 as issued by the Institute shall continue to apply.Source: ICAI
Posted by VENKATESWARULU
On 04:35
The second batch of Live Classes has been postponed till further notification. The Delhi Live Classes registration form has to be submitted at:
Dak Receipt Counter, ICAI
ICAI Bhawan, Ground Floor, 52, 53, 54, Institutional Area,
Vishwas Nagar, Shahdara, Near Karkardooma Court,
Delhi-110032.source: ICAI
Posted by VENKATESWARULU
On 07:59
The Institute of Chartered Accountants of India
[Set up by an Act of Parliament]
ICAI BHAWAN
Post Box No.7112, ICAI BHAWAN, Indraprastha Marg
New Delhi – 110002
TO BE PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA
NOTIFICATION 5th May, 2011
No. 13-CA (EXAM)/M/2011/III: - In continuation to the Institute’s Notification No. 13-CA (EXAM)/M/2011
dated 12th January, 2011, it is notified for the general information that Group – 1, Paper - 3 – Law,
Ethics and Communication of Professional Competence Examination and Group – 1, Paper - 2 - Business
Laws, Ethics and Communications of Integrated Professional Competence Examination held on 5th
May-2011 in respect of candidates who had opted for Hindi medium stands cancelled. The said
examination for the candidates who had opted for Hindi medium will now be held again on 17th May -
2011 (Tuesday) from 2.00 PM to 5.00 PM. The venues of the examinations will remain unchanged.
Admit Cards already issued would remain valid.
G. Somasekhar
Additional Secretary (Examinations
source: www.icai.org
Posted by VENKATESWARULU
On 07:36
Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations (Effective from May-2011 CA Examinations) |
| The Council of the Institute, based on the recommendation of the Examination Committee has decided to allow 15-minute reading and planning time allowance to the candidates in the Chartered Accountants Examinations before the scheduled commencement of the examinations i.e, if the examination commences from 2.00 PM, then the candidates will be given Question Papers at 1.45 PM. This reading time will not be available for CPT and all post qualification Courses Examinations. |
The objective of providing question paper 15 minutes before the scheduled time is to: (i) Enable the candidates to read the question paper thoroughly (without encroaching on the examination duration) and (ii) Chalk out the strategy to answer the questions. |
Candidates are required to note the following in this regard: (1) The candidates will not be allowed to leave the Examination Hall under any circumstances from 1.45 PM to 3.00 PM. (2) The candidates shall be allowed to enter the hall from 1.30 PM upto 2.30 PM only. |
| Any breach of the above requirements would be treated as adopting Unfair Means by the students concerned and applicable disciplinary action would be taken on such erring students. |
( G. Somasekhar) Additional Secretary(Exams) |