CA IPCC Syllabus Nov 2017 Amendments (by ICAI TOPPER)

IPCC Amendments Nov 2017 and CA IPCC Syllabus Nov 2017 : CA IPCC Syllabus Changes for Old Students & New Students is the same, and ICAI Amendments Notification applicable for Nov 2017 Group 1 & 2 was articulated in this post & in PDF. The Syllabus of CA IPCC changes every two attempts. Same is the case this time too. The Syllabus for Nov 2017 will be different in few subjects when compared to the syllabus that was applicable for previous Exam. The CA IPCC Syllabus of Subjects like Accounts, Tax, Law and Auditing might see new changes and amendments for Nov 2017 exam. In this Article, we will list out Applicable CA IPCC Syllabus in each subject and also Amendments thereto. Get ‘FinApp Connect’ from Google PlayStore now.

Details of CA IPCC Syllabus and Amendments

Syllabus Changes 4%
Major Changes in Tax Only
Amendments Subject Wise Given bleow

Accounts IPCC Syllabus Changes Nov 2017

There is only one Change and Amendment in CA IPCC Accounts Syllabus. The newly introduced Indian Accounting Standards will be applicable for CA IPCC Nov 2017 Exam.

However, only the basics and introduction to the Indian Accounting Standards will be applicable for CA IPCC Nov 2017 Syllabus.

AS-6 has been removed and merged with AS-10. So, for Nov 2017 exam, students need to study the revised AS-10.

IPCC Law Syllabus Changes Nov 2017

In Company Law Syllabus, there is is only one new amendment. Apart from this, Students can study the existing syllabus only for Nov 2017 exam too.

Applicability of Section 66 for Nov 2017 Law Exam:

The Ministry of Corporate Affairs has notified Section 66 of the Companies Act, 2013, which deals with Reduction of Share Capital in a company.

For May 2017 IPCC exams, this section was not applicable. The old ‘Section 100’ from Companies Act 1956 was applicable for that attempt.

However, for Nov 2017, this new Section 66 will be applicable and students are advised to take note of the same.

Costing FM IPCC Syllabus Changes Nov 2017

Costing and Financial Management is one of such papers that is very static in nature. The Syllabus hasn’t changed for the past 5 years and will remain the same for CA IPCC Nov 2017 and November 2017 exams too.

Tax IPCC Syllabus Changes Nov 2017

CA IPCC Tax Syllabus for Nov 2017 will see the most number of changes and amendments. This is due to the applicability of the Union Budget introduced in 2016.

ICAI has already provided a detailed document listing out the CA IPCC Tax Syllabus changes and amendments applicable for Nov 2017 which has been provided below.

CA IPCC Tax Amendments Download

To make the preparation of IPCC Tax Syllabus easier, we will recommend students to go through our free Revision Notes for Tax (Both Direct Tax and Indirect Tax). These notes are provided in PDF format to easily view on Mobile devices.

In there, we have provided all relevant notes for CA IPCC students including the latest amendments in Indirect Taxes part like Service Tax and CCR.

IPCC Advanced Accounts Syllabus Nov 2017

As far as CA IPCC Advanced Accounts paper is concerned, there are no new Amendments or changes in the syllabus.

Just like in the case of Group-1 Accounts paper, student need to study the basic of Indian Accounting Standards.

CA IPCC Audit Syllabus Changes

In the entire IPCC Auditing part, there are few minor changes in the Company Audit Part. Other than that, there are no new changes in the CA IPCC Audit Syllabus applicable for Nov 2017 exam.

IPCC IT SM Syllabus Nov 2017

Just like Costing FM syllabus, you will not find much changes in the syllabus of CA IPCC Information Technology (IT) and Strategic Management (SM) papers.

New CA Syllabus Applicability Date:

It is a known fact that, the syllabus of CA Course is being radically changed. We have been receiving numerous requests regarding the applicability of this new syllabus.

It is hereby clarified that, the new syllabus will likely come into effect only from Nov 2017 exams.

Students who registered under old syllabus will be given at least three attempts before making the new syllabus applicable to them.

As of now, ICAI is taking final suggestions from the chartered accountants and other industry experts, and we can expect the official announcement regarding the applicability of the revised ca syllabus very soon.

Conclusion

All the above mentioned changes and syllabus for CA IPCC will be applicable for November 2016 Exams also.