CA IPCC Amendments for May 2017 (All Amendments)

Details for CA IPCC Amendments for May 2017 (All Amendments):

The last examination of CA IPCC was taken in Nov 2016. The result has not been declared yet. Here, we have given you All Amendments for CA IPCC May 2017. Read the full article for more details.

CA IPCC Amendments

Amendments for Accounts (Paper 1):

According to amendments made on 31st March, 2016 by the Ministry of Corporate Affairs in the Companies (Accounting Standards) Rules, 2006 and Copanies (INidan Accounting Standards) Rules, 2015 are not applicable for May 2017 examination both at the IPCC and Final levels.

The following chapter is added from May 2015:

  • Financial Statements of Companies
  • Meaning of Company
  • Books of accounts to be maintained at registered office.
  • List of statuary books to be maintained.
  • Annual Return of company.
  • Schedule III of companies Act, 2013.
  • Managerial remuneration
  • Dividend

*Note 1: All the above-mentioned topics are amended as per new Companies Act, 2013.

*Note 2: Please note that the Schedule III is exactly same as Schedule VI of Companies act, 1956 only the name have been changed.

Amendments for Law, Ethics & Communication (Paper 2):

Additional sections in Companies Act, 2013 which are notified by MCA i.e. Section 1-122 are applicable for May 2015 Onwards Syllabus.

*Note: It’s better to buy a new book for Company law. We recommend you to by the book of Munish Bhandari.

Amendments for Cost & FM (Paper 3):

No changes as of now.

Recommended Articles:

  1. CA IPCC Registration, Exam Fees, Last Date for Nov 2017
  2. CA IPCC Admit Card for May 2017
  3. CA Final Registration, Last Date, Exam fees for May 2017
  4. CA CPT Important Questions, Notes, Syllabus for June 2017
  5. CA CPT Question Papers with Answer Key Dec 2016

Amendments for Taxation (Paper 4):

The changes will be as per finance act 2015, we will provide you the same very shortly. Keep checking this page for it’s updates.

Amendments for Advance Accounts (Paper 5):

  • Financial Reporting of Electricity Companies

Amendments for Auditing (Paper 6):

There are just slight changes in Company Audit 1 and 2 chapter, which you can find in RTP which will be out soon.

Amendments for IT & SM (Paper 7):

No changes as of now.

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