CA Final Syllabus
CA, ICAI

CA Final Syllabus

Do you want to know about CA syllabus, or searching for its topics, then you are in the right place, we will give you some information about the final syllabus. The CA Final Subjects is divided into eight subjects, which are divided into two groups. Learn: Each paper of the CA Final has a hundred points in each paper, and in all subjects, you want to get a minimum of four hundred marks and all the CA want to get five hundred points in the combination of CA Final Subjects. Download – CA Syllabus CA Final Subjects Paper No. Subjects Paper 1 Financial Reporting Paper 2 Strategic Financial Management Paper 3 Advanced Auditing and Professional Ethics Paper 4 Corporate and Economic Laws Paper 5 Strategic Cost Management and Performance Evaluation Paper 6A Risk Management Paper 6B Financial Services and Capital Markets Paper 6C International Taxation Paper 6D Economic Laws Paper 6E Global Financial Reporting Standards Paper 6F Multidisciplinary Case Study Paper 7 Direct Tax Laws and International Taxation Paper 8 Indirect Tax Laws Also Learn:-

CA IPCC Result
CA, ICAI

CA IPCC Result

CA IPCC Result The Institute of Chartered Accountants of India (ICAI) can declare the much-awaited CA IPCC result for might 2019 communication within the third week of Gregorian calendar month 2019 (tentatively) together with CPT and CA Foundation Result, ICAI organized the examination for CA IPCC within the month of May. currently, you’ll directly check the CA IPCC 2019 Result from this page. Those students who have received 40% marks in each subject and 50% marks in the total marks of all subjects, will finish the IPCC examination, but the students who are not happy with their exams will either be required for verification. Certificates or certified copies. For further information about the possible reasons for the IPCC, how to obtain the results through percentage, CMS/email, May 2019 toppers, details of marks, merit list, verification of marks and possible reasons for the IPCC. May 2019 results. CA IPCC Result May 2019 – Dates ICAI CA IPCC Exam Start date May ICAI CA IPCC Exam End date June ICAI CA IPCC Expected Result date August CA IPCC Pass Result May 2019 Percentage/ Result Analysis Groups No. of Students Appeared No. of Students Passed Pass percentage First Group Second Group Both Groups First Group Second Group CA IPCC Pass Result Nov 2018 Percentage Groups No. of Students Appeared No. of Students Passed Pass percentage First Group 40157 5051 12.58% Second Group 68888 21708 31.51% Both Groups 5011 19.75% First Group 25375 42 0.17% Second Group 524 2.17% [wpforms id=”5747″] Check Your CA IPCC Result May 2019 IPCC Result – Check Here IPCC Exam – Click Here Click the link & directly land on the ICAI Official site from where you can download your CA IPCC Result. Here enter your “Roll No.” and “Registration No.” or “PIN” which you have submitted while submitting your Exam Application form. Enter the image captcha. Click on the submit button. The system will generate your result page and here you can take the print out for future. Check your IPCC Result through SMS ICAI has facilitated CA students to check their result on their Phone through SMS or Email to avoid the last-minute inconvenience on the result page. To get your result through SMS, you have to send an SMS on 58888 in the following manner – Check your IPCC Result through E-mail visit the website – icaiexam and register yourself for Email service. ICAI avail the email registration link on their website around 5 days prior to result date. ICAI IPCC May 2019 Center-wise Result ICAI will release CA IPCC center-wise result. The link is given below will be active once the organization will officially release the center-wise or region-wise result out. Toppers of IPCC Exam May 2019 Rank AIR-1 AIR-2 AIR-3 Name State Marks Percentage Toppers of CA IPCC Exam Nov 2018 Rank AIR-1 AIR-2 AIR-3 Name ARJUN MINOCHA DIVYA GUPTA PRAMANSHU SHARMA State DELHI / NEW DELHI CHANDIGARH DELHI / NEW DELH Marks 519/700 500/700 490/700 Percentage 74.14% 71.42% 70% Marks of Students students Marks sent through the post soon after the declaration of ICAI CA IPCC result, In case the post do not receive the same within 4-5 weeks from the date of declaration of IPCC May 2019 results, you may write to dms_examhelpline@icai.in. Pass Certificate After CA IPCC Result May 2019 A student who passes group 1, as well as group 2 exams of IPCC May 2019, will be qualified for CA Final. After clearing IPCC, Institute of Chartered Accountants of India will issue the pass certificate to all the passed students that will reach you on your registered address within 2 months of result announcement. CA IPCC May 2019 Rank Certificate The process to Check IPCC Result Rank Certificate 2019 First, visit the ICAI result page (link mentioned above) Now you can see “Intermediate (IPC) (Old) Examination” under “CHECK MERIT LIST”, click on it. Enter your roll number/ registration number and captcha code here Now this click on “Check Result” After this IPCC merit list for May 2019 exams will appear on your screen Inspection of Certified Copies The students United Nations agency aren’t glad about their result will apply for the scrutiny of evaluated answer sheets on-line solely, the physical application isn’t acceptable. Those who have applied for the scrutiny needn’t apply for the verification as before dispatching your certified answer sheets, verification is meted out by examinees moto. Follow the below mention steps to use for the scrutiny on-line – Land on the ICAI official website World Wide Web.icaiexam.icai.org. There you have got to log in to your account through your user id and countersign. There you’ll need to fill the requisite data together with the choice of certified copies for scrutiny. you wish to transfer a scanned copy of your written request punctually signed by the candidate and just in case you’re a Hindi Medium student then the applying should be in Hindi solely. If any discrepancy arises between the papers mentioned within the scanned image and people mentioned in the kind, a latter can prevail. you’ll be able to build the corrections within the application before creating the payment. The payment is created through web Banking, MasterCard, open-end credit (Master/ Visa/ Maestro/ Rupay). when the in payment, a confirmation page can seem on your screen showing your details you have got mentioned within the kind. however, bear in mind that your application can get with success submitted solely management variety is properly showing that isn’t zero or null. you’re suggested to stay a print out of this confirmation page which can work as acknowledgment. Procedure for Verification of Marks in IPCC Result May 2019 ICAI open their verification portal where students can apply for verification of marks. students have one month to use for verification of their answer sheet.in case there’s a modification in your result when verification the fee is going to be refunded …. Applications when the ultimate date is going to be rejected. the verification method for IPCC could 2019 is totally on-line.

cpt result date 2019
CA, ICAI

CPT Result Date 2019

CPT Result Date 2019 CPT Result Date 2019 – 18 July ( announced by ICAI) also, click here to get more information about CBT result 2019 Click here to know more icai news announcement

CA Intemediate GST Classes
CA, ICAI

CA Intermediate GST Classes For CA Student

CA Intermediate GST (IPCC) Classes The objective of this document is to summarize all the updates of CA Intermediate GST Classes (CA IPCC) (Notifications, Circulars, other amendments, and updates) in one place.2 Central tax notifications,1 Integrated tax notification,And also the council has approved the new GST rates for the real estate sector in the 33rd meeting. CA Intermediate GST (CA IPCC) Important Notices 1.0 Notifications:Objective:I. Notification No. 8/2019_Central tax dated 08th Feb.2019:GSTR-7 (Return for TDS) for Jan’19 from 10th Feb’19 to 28th Feb’19 to 28th Feb’19.filing GSTR-3B for Jan’19 from 20th Feb to Feb.19 for Jammu & Kashmir Feb.19 for the remaining states III. Notification No. 2/2019_Integrated tax (Rate) dated 04.Feb.2019:Since the definition of exports and the Sec 54 of the CGST act have been amended to include the supplies to Nepal and Bhutan under definition of Exports, the Notification No.02/2019 was issued to rescind the exemption entry 10D (the exemption of IGST, for the supplies made to Nepal & Bhutan) of the Notification no.9/2017 dated 28th Jun’17. 2.0 CA Inter GST Classes CA Intermediate GST Circulars (CA IPCC): I. Circular No. 88/07/2019 Central Tax dated 01.02.2019:Circular No. 8/8/2017_04.10.2017_”Master circular relevant for the export procedures and refunds” was amended in view of the amendment allowing realization of export proceeds in INR, wherever allowed by the RBI (CA Intermediate/ IPCC). [2(6) of IGST act].Circular No. 38/12/2018_26.03.2018_”Clarification on issues related to Job Work” was amended to in view of the (IPCC) amendment carried empowering the Commissioner to extend the period for return of inputs and capital goods from the job worker and also the RCM on services received from un-registered job workers. [9(4) and 143 of CGST act.]Circular No. 41/15/2018_13.04.2018_” Procedure for interception of conveyances for inspection of goods in movement…………” was amended to in view of the amendment carried out extending the time limit from 7days to 14 days for owner/transporter to pay tax/penalty for seized goods. [Sec 129 of the CGST act]. CA Intermediate GST Updates (IPCC) After observing that the majority of taxpayers are not reporting details in Table 3.2 of GSTR-3B,III. Circular No. 90/09/2019 Central Tax dated 18.02.2019:IV. Circular No. 91/10/2019 Central Tax dated 18.02.2019:In Circular 46/2017_Customs_Dated 24.Nov.17, it was clarified that,In Circular 3/2018_IGST(CA Intermediate)_Dated 25.May.18, it was clarified that, considering the amendments in the Customs Tariff Act (IPCC),This shall be applicable w.e.f. 01.Apr.18.There was no provision in GSTR-1 for changing POS for such B2B supplies. If the supplier and recipient are in the same state, it was considered as Intra-state sales.3.0 33rd GST Council meeting updates (IPCC):I. GST on Residential properties The proposed GST rate for the residential flats are as followed: 1% for the Affordable housing5% for the othersFor qualifying as “affordable housing” below 2 conditions should be satisfied:Carpet area of up to 90 Sqm in non-metropolitan cities/towns and 60 Sqm in metropolitan cities andThe value < 45Laks in both Metro/Nonmetropolitan citiesThe effective date shall be 01.Apr.19.II. Others (IPCC)The existing rates shall continue for the commercial projectsThe taxation on betting and lotteries shall be taken up in the future council meetings. Click Here: CA Intermdiate New Course Also Read- CA Intermediate Courses CA Final Result 2019 CA Final Exam Date Sheet

ICAI Exams
ICAI

ICAI Exam

ICAI Exam – The Institute of Chartered Accountants The Institute of Chartered Accountants of India (ICAI) is the national professional accounting body of India. It was established on July 1, 1949, as a statutory body under the Chartered Accountants Act, 1949, enacted by the Parliament (acting as the provisional Parliament of India) to regulate the profession of chartered accounting in India. ICAI is the second largest professional accounting & finance body in the world. Candidates who wish to take up Chartered Accountancy as a career, are required to enroll for the program at ICAI and qualify all the levels of exams within a stipulated period of time to be certified as a Chartered Accountant. Image – ICAI Exam Dashboard ICAI Exams Level 2019 ICAI Exam level for the new course 2019 Foundation Course (CPT) Intermediate Course (Inter) Final Course (CA Final) ICAI Exam About Features & Details Exam Name – ICAI Exam, CA CPT, CA IPCC, CA Final ICAI Name – Institute of Chartered Accountants of India ICAI Exam Level – National Level Exam Exam Frequency – Twice a year ICAI Exam Mode – Online (CPT) & Offline (Inter & Final) ICAI Exam Duration – Three hours Language – English & Hindi Exam Helpdesk No. – 1800-200-2501 Exam Website – visit ICAI Exam Eligibility 2019 ICAI Exam CPT Eligibility Criteria CA CPT Course is the entry level for Chartered Accountancy Course. Students who have appeared in the 12th class examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto can register for the Foundation Course. A candidate who registered for CPT 60 days prior to the first day of the month in which the CPT examination is to be held, i.e., on or before April 1 and October 1, can appear in the CPT examinations to be held in June and December, respectively. Candidates who are Graduate or Post Graduate in Commerce with a minimum of 55% of total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) with certain subjects OR Graduates or Post Graduates in any other stream having secured a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) are exempted from passing CPT. Read More ICAI Exam Intermediate (IPC) Eligibility A student who has passed the Foundation Examination is eligible for registration to Intermediate Course. A student who is Graduate/ Post Graduate in Commerce having secured in aggregate a minimum of 55% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) by studying any three papers carrying a minimum of 50 marks in a semester/year and cumulatively 100 or more marks over the entire duration of the concerned course out of Accounting, Auditing, Mercantile Laws, .Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting or similar to the title of these papers with different nomenclatures or other than those falling under Commerce stream having secured in aggregate a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University)and candidates. defibulators.orgimp source> who have passed the Intermediate level examination conducted by The Institute of Cost Accountants of India or by The Institute of Company Secretaries of India are exempted from qualifying Foundation Examination and can join the Intermediate Course. ICAI Exam Final Eligibility The candidate who have passed the Intermediate examination or Professional Education Examination – II./PCC/IPCC, are eligible to apply for the Final exam. The candidate must also have completed 3 years or 3½ years or must be due to complete, as the case may be, of articled training as on the date of filling the form. The candidate must be serving the last twelve months of articled training including excess leave if any, and due to complete 3 years on or before 31st October 2017. (for PE-II stream student and PE-II stream students converted to IPCC). Read More. CA Final ICAI Exam 2019 Exam Center The ICAI exams are conducted at 197 exam centers across India and abroad. Moreover, ICAI has facilitated CA exam centers in five test cities abroad: Abu Dhabi Dubai Kathmandu Muscat Doha List of Test Cities for CA Exam. Agra Ahmedabad Ahmednagar Ajmer Akola Alappuzha . Aligarh Allahabad Alwar Ambala Amravati Amritsar Anand Anantapur Asansol Aurangabad Badlapur Banswara Bareilly Bathinda Beawar Belgaum Bellary Bengaluru Berhampore Bhagalpur Bharatpur Bharuch Bhavnagar Bhilwara Bhiwandi Bhiwani Bhopal Bhubaneswar Bhuj Bikaner Bilaspur Bundi Burhanpur Chandigarh Chandrapur Chennai Chhindwara Chittorgarh Churu Coimbatore Cuttack Dehradun Delhi Dhanbad Dhule Durg Durgapur Eluru Ernakulam Erode Faridabad Fatehabad Firozabad Gandhidham Gandhinagar Ghaziabad Gondia Gorakhpur Guntur Gurugram Guwahati Gwalior Haldwani Haridwar Hisar Hubli Hyderabad Ichalkaranji Indore Jabalpur Jaipur Jalandhar Jalgaon Jalna Jammu Jamnagar Jamshedpur Jhansi Jhunjhunu Jind Jodhpur Junagadh Kaithal Kakinada Kannur Kanpur Karimnagar Karnal Kishangarh Kolhapur Kolkata Kollam Kota Kottayam Kozhikode Kumbakonam Kurnool Latur Lucknow Ludhiana Madurai Malappuram Mandsaur Mangalore Mapusa Margao Mathura Meerut Moradabad . Mumbai Muzaffarnagar Muzaffarpur Mysore Nagpur Nanded Nashik Navi Mumbai Navsari Neemuch Nellore Nizamabad Noida Ongole Palakkad Palgarh Pali Marwar Panipat Panvel Parbhani Patiala Patna Pimpri-Chinchwad Pondicherry Pune Raipur Rajamahendravaram Rajkot Ranchi Ratlam Ratnagiri Rewa Rewari Rohtak Rourkela Saharangpur Salem Sambalpur Sangli Sangrur Satara Satna Shimla Shimoga Sikar Silliguri Sirohi Sirsa Sivakasi Solapur Sonepat Sri Ganganagar Srinagar Surat . Surendranagar Thane Thiruvananthapuram Thrissur Tinsukia Tiruchirapalli Tirunelveli Tirupati Tirupur Tuticorin Udaipur Udupi Ujjain Vadodara Vapi Varanasi Vasai Vellore Vijaywada Visakhapatnam Warangal Yamuna Nagar Yavatmal ICAI Exam 2019 Contact Information Website – http://www.icai.org.in/ The Institute of Chartered Accountants of India (Set up by an Act of Parliament) A-29, First Floor, Administrative Block, ICAI Bhawan Sector-62, Noida(U.P.), P.C.-201301 E-mail: ccbcaf@icai.org Phone No. : 0120-3045994 (Direct) ICAI Exam 2019 The Institute of Chartered Accountancy of India (ICAI) released an official notice regarding the changes introduced in the CA exam pattern from the May

Indian Accounting Standards
ICAI

ICAI releases e-version of a compendium of revised Indian Accounting Standards

Chartered accountants’ body ICAI Thursday said it has released the e-version of a compendium of revised Indian Accounting Standards that incorporate new ICAI standard on leases among other amendments. As part of annual improvements, the Ind AS (Indian Accounting Standards), which is based on International Financial Reporting Standards (IFRS), undergo regular upgradation due to the issuance of new standards or amendments in existing standards by IFRS, the accounting body said in a release. The e-version of the compendium of Ind AS includes amendments that were made in Companies (Indian Accounting Standards) Amendment Rules and became effective on April 1. “During the previous year, there have been certain amendments to Ind AS which have all been incorporated in appropriate places and relevant standards in this updated a version of the compendium,” the release said. The existing standard on leases has been replaced in the new accounting standards (Ind AS 116). “In the new lease accounting model for lessees, leases will be recognized on balance sheet by recognizing a lease liability with a corresponding ‘right-of-use’ asset,” it said. Ind AS 116 will have an impact on the financial statements of the firms. The extent of the impact would vary across industries depending on the financing and leasing structures prevalent in an industry, the release added. Similarly, the compendium also includes changes that provide guidance as to how uncertainty about a tax treatment should be reflected in the accounting for income tax. Learn More:- ICAI CA Exam 2019 “The compendium of Ind AS will be highly useful to all stakeholders in particular prepares and auditors of financial statements. ICAI will also continue to engage in disseminating knowledge of these standards and the changes through a series of initiatives including webcasts, workshops, training programmes, and certificate courses,” Institute of Chartered Accountants (ICAI) President Prafulla P Chhajed said. Source:- Download Here

ICSI (also ICAI) Charging Rs. 500 for certified copies is illegal
ICAI

ICSI (also ICAI) charging Rs. 500 for certified copies is illegal : Supreme Court

ICSI (also ICAI) Charging Rs. 500 for certified copies is illegal As per a recent judgment of the Supreme Court in ICSI v. Paras Jain [Civil Appeal No. 5665/2014, dated 11-4-2019], the High Court held that educational Bodies cannot charge more than RTI fee for providing certified copies to students. The RTI Fee as per RTI Rules, 2012 read with RTI Act, 2005 is Rs. 10 fixed per application + Rs. 2 per page. Hence, charging of Rs. 500 or Rs. 1000 per copy is illegal. Example: Suppose, a student has written 20 pages. Hence, he can be asked to pay only Rs. 50 (Rs. 10 for application + Rs. 2 per page × 20 pages = Rs. 50). Download Copy of Judgment    IN THE SUPREME COURT OF INDIA   CIVIL APPEAL NO. 5665/2014        INSTITUTE OF COMPANIES SECRETARIES OF INDIA (ICSI) v. PARAS JAI ORDER 1. This appeal is directed against the order dated 22.04.2014 of the Delhi High Court wherein, while allowing the Letters Patent Appeal, filed by the respondent herein, it set aside Guideline No.3 notified by the statutory council of appellant–Institute of Companies Secretaries of India (ICSI) and directed it to charge fee prescribed as per Rule 4 of the Right to Information (Regulation of Fee and Cost) Rules, 2005. 2. The factual matrix of the case is that the respondent appeared in the final examination for Company Secretary (ICSI) conducted by the Appellant in December 2012. On being unsuccessful in qualifying the examination, the respondent made an application under the Right to Information Act for inspection of his answer sheets and subsequently, sought certified copies of the same from the appellant. The appellant thereafter has demanded Rs.500/per answer sheet payable for the supply of certified copies of answer book(s) and Rs.450/per answer book for providing inspection thereof respectively as per Guideline No.3 notified by the statutory council of the appellant. It is to be noted that the respondent obtained the said information under the Right to Information Act, 2005. 3. Being aggrieved by the demand made by the appellant, the respondent preferred a Writ Petition before the Delhi High Court wherein the Learned Single Judge dismissed the petition. A Letters Patent Appeal was thereafter preferred by the respondent wherein, the Division Bench quashed Guideline No.3 notified by the appellant and held that the appellant can charge only the prescribed fee under Rule 4, The Right to Information (Regulation of Fees and Cost) Rules, 2005. 4. The short issue before us is when the answer scripts of appellant’s examination is sought whether the fee prescribed under Rule 4 of the Right to Information (Regulation of Fee and Cost) Rules, 2005 payable or that under Guideline No. 3 of the Guideline, Rules and Procedures for Providing Inspection and/or Supply of Certified Copies of Answer Book(s) to Students, framed by the Examination Committee of appellant’s statutory Council at its 148th Meeting held on 14.08.2013. 5. The learned counsel appearing on behalf of the appellant argued that it is undisputed that the Right to Information Act, 2005 is applicable to the appellant. However, in light of specific guidelines formulated under the (ICSI) Company Secretaries Act, 1980, the same should be applicable and not that which is provided under the Right to Information Act. He further contends that owing to quashing of Guideline No. 3 by the Division Bench of Delhi High Court, the appellant cannot collect any amount of fee except the one prescribed under Rule 4, The Right to Information (Regulation of Fees and Cost) Rules, 2005 which adds to financial strain on the appellant. 6. On the other hand, the learned counsel appearing on behalf of the respondent submitted that any candidate who seeks his answer scripts under Right to Information Act, 2005 can only be charged under Rule 4, The Right to Information (Regulation of Fees and Cost) Rules, 2005. Further, the learned counsel submits that the candidates must have a choice to seek the answer scripts either by the avenue under Right to Information Act or under the Guidelines of the appellant framed by the examination committee of statutory Council under the (ICSI) Company Secretaries Act, 1980. 7. Having heard the learned counsels appearing for the parties and we have also meticulously perused the record. 8. The appellant is governed by the provisions of the Company Secretaries Act, 1980 (ICSI) and under Sections 15, 15A and 17, the Examination Committee of the statutory Council has framed Guideline No. 3 providing an avenue to the candidates to either inspect their answer scripts or seek certified copies of the same on payment of the stipulated fees. Guideline no.3 stipulates the payment of Rs. 500 for obtaining certified copies and Rs. 450 for seeking inspection of the same. “3. Fee of ₹500 per subject/answer books payable for the supply of certified copies of answer book (s) and ₹450 per answer book for providing inspection thereof respectively. The fee shall be paid through Demand Draft drawn in favor of “The Institute of Company Secretaries of India”, payable at New Delhi.” 9. On the contrary, Rule 4, The Right to Information (Regulation of Fees and Cost) Rules, 2005 stipulates, “4. For providing the information under subsection (1) of section 7, the fee shall be charged by way of cash against proper receipt or by demand draft or bankers cheque or Indian Postal Order payable to the Accounts Officer of the public authority at the following rates:— (a ) rupees two for each page (in A4 or A3 size paper) created or copied; (b) actual charge or cost price of a copy in larger size paper; (c) actual cost or price for samples or models; and (d) for inspection of records, no fee for the first hour; and a fee of rupees five for each subsequent hour (or fraction thereof).” (emphasis supplied) 10. Thus it is clear that the avenue for seeking certified copies as well as inspection is provided both in the Right to Information Act

CA, ICAI

ICAI – New Lease Accounting Standard Now in Effect

ICAI – New Lease Accounting Standard Now in Effect NEW DELHI: The new accounting standard for leases will bring substantial visibility of companies’ lease commitments and improve the quality of financial information about companies, chartered accountants’ body ICAI said Monday. Ind AS 116, which sets out the principles for recognition, presentation and disclosure of leases has been notified by the corporate affairs ministry. The standard is effective from Monday. senior government official said the standard would affect all industries where leases are a predominant component in their businesses and result in more transparency. ICAI President Prafulla P Chhajed said the new standard on leases ushers in a path-breaking reform in accounting for leases and would improve the quality of financial information. Leasing is a well-known and long established form of obtaining financeNSE 1.76 %. The new standard on leases ushers in a substantial change in the accounting for operating leases by lessees and few improvements in the disclosure-related aspects for lessors accounting, according to the Institute of Chartered Accountants of India (ICAI). It said the key changes in lessees accounting relate to introduction of single lease accounting model by elimination of classification between operating and finance leases, and recognition of gain/loss for sale and lease-back transactions. In the new lease accounting model for lessees majority of leases will be recognised on balance sheet by recognising a lease liability with a corresponding ‘right-of use’ asset,” the release said. The standard would have an impact on three components of financial statements — balance sheet, cash flow statement, profit and loss account. The, extent of impact would vary for each industry depending on the financing and leasing structures prevalent in that industry,” the release said. The institute also noted that the exemptions given for short term leases and low-value asset leases are expected to provide substantial relief from operational complexities to many companies. Ind AS 116 is expected to have a significant impact on various industries, including aviation where airlines mostly operate planes on lease. Leasing of aircraft rather than outright purchase is a common practice in the airlines industry worldwide. Source- Economic times

CA Coaching Classes for CPT,IPCC,CA Final
ICAI

ICAI CA CPT, IPCC & CA Final | CA Online Classes

ICAI CA CPT, IPCC & CA Final | CA Online Classes ICAI CA Online Classes Benefits 1. Versatile Timings – Definitely, CA Online classes is a good option. Students can enjoy ICAI CA Classes (CPT/IPCC/CA Final) at home whatever time is best suitable for them. Many of the ca students doing an articleship/job along with the studies prefer to take the ICAI ca classes at night. For such kind of ca students, ICAI CA Online classes are the best option. 2. Comfort level – You comfort with study at home. You can pause the videos, you can replay the video, you can rewind the videos, you can adjust the speed of the video. No need to follow the rules and regulation of satellite classes. 3. Time-Saving – One of the best points of ICAI CA Online classes is that it saves time. Most of the ICAI ca students residing in other cities or far away from the ca coaching centers (CPT/IPCC/CA Final) can get benefit from these ca online classes. 4. Replay the Concept of video – Many of the times we miss the important concepts. You could not ask such a thing in satellite classes. Hence, CA online classes are better where you can replay the video and understand the vital concept until you are not satisfied (CPT/IPCC/CA Final). 5. Missing classes Problem – It’s difficult to understand the whole chapter when you missing a single class. CA Online Classes resolves this issue by providing video lectures according to your convenience (IPCC). Why Choose Parag Gupta Classes (CA Final)? Parag Gupta Classes is the best ICAI CA Coaching Classes (IPCC) all over India because it provides classes in Virtual Centres or in their app StudyByTech. It covers every concept of your ICAI ca course. Parag Gupta Classes have covered past attempt questions, questions from study material, questions from Practice Manual ,etc. Which means that you don’t need to go through the ICAI for ca study material on your own. Parag Gupta Classes smart compilers will also be provided to every ca student along with ICAI CA Online classes. The students will get connected on all social media platforms of the faculties where they can ask their doubts. All the lectures are available in Hindi and English Language (CPT/IPCC/CA Final) . Procedure for Joining the Best ICAI CA Online Classes Contact Parag Gupta Classes and complete the registration procedure for ICAI CA Online classes. For the first time, Parag Gupta Classes launched ICAI CA Foundation / CPT Online Classes (CPT/IPCC/CA Final) For ordering and further information on ICAI CA Foundation/CPT Online classes (CPT/IPCC/CA Final), you can contact us. Subjects of ICAI CA Foundation/CPT Paper 1: Principles and Practices of Accounting Paper 2: Mercantile Law and General English Paper 3: Business Mathematics and Logical Reasoning Paper 4: Business Economics and Business Commercial Knowledge Subjects of ICAI CA Intermediate/Inter/IPCC Paper 1: Accounting Paper 2: Corporate Laws and Other Laws Paper 3: Cost and Management Accounting Paper 4: Taxation Paper 5: Advanced Accounting Paper 6: Auditing and Assurance Paper 7: Enterprise Information Systems & Strategic Management Paper 8: Financial Management & Economics for Finance Subjects of ICAI CA Final Paper-1: Financial Reporting Paper-2: Strategic Financial Management Paper-3: Advanced Auditing and Professional Ethics Paper-4: Corporate and Economic Laws Paper-5: Strategic Cost Management and Performance Evaluation Paper-6A: Risk Management Paper-6B: Financial Services and Capital Markets Paper-6C: International Taxation Paper-6D: Economic Laws Paper-6E: Global Financial Reporting Standards Paper-6F: Multidisciplinary Case Study Paper-7: Direct Tax Laws and International Taxation Paper-8: Indirect Tax Laws Also Visit here– How to become a CA in India after 12th?

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