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A student should submit filled-in registration forms for Integrated Professional Competence Course supplied along with Prospectus available at sales counter of decentralized offices( Respective Branch Offices), the cost of Prospectus is Rs. 100/-.These forms can also be downloaded from Institute’s (more…)
The Ministry of Corporate Affairs has notified the revised Schedule VI on 28 February, 2011 vide Notification No. S.O. 447(E) (as amended by Notification No. SO 653(E) dated 30 March 2011). The revised Schedule VI will replace the existing Schedule VI in respect of Balance Sheet and Profit and Loss Account to be prepared for the financial year commencing on or after 01-04-2011.
1. What was the need for revised Schedule VI?
The existing Schedule VI to the Companies Act, 1956 (herein after called as old Schedule VI) has been in place for almost five decades without any major change and has not been able to keep pace with the changes taking place in the international arena. The revised Schedule VI is an attempt to bridge that gap.
2. What is the effective date of revised Schedule VI? (more…)
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- In this subject the core part is of the Accounting Standards which carries a weightage of 30-35 Marks So concentrate more on this part. The Importance of each Accounting Standard for exam purpose is given below as ABC Analysis.
Category A : AS 16,17,18,19,20,22,26,28
Category B: AS 2,11,12,13,15,29,30,31,32
Category C: AS 1,3,4,5,6,7,9,10 (more…)
Advanced Accounting is very easy subject compared with other subjects in Second Group and it is also a scoring subject…
Preparation for Advanced accounting can be planned as follows…
1) The First and foremost topic to be selected is Accounting standards which carries around 25-30 marks almost 30% of marks so concentrate more on this.. Standard wise Preference is as follows… (more…)