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Convergence with IRFS only after addressing concerns of the industry

Making clear its commitment to converge Indian accounting norms with International Financial Reporting Standards (IFRS) by 2011, the government on Wednesday said all concerns of the industry would be addressed before convergence takes place. “We stand by our commitment to converge the Indian accounting norms with the IFRS and have synchronised the views of all stakeholders,” corporate affairs ministry secretary R Bandyopadhay said at a CII event.
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Announcement for Students appearing for the Professional Competence Examination (PCE) for November, 2009

The Examination Committee has taken the following important decisions for the November, 2009 examinations. Students are advised to note them carefully. A.    CA course being a professional course, practical training is an essential part of it and accordingly all papers of Professional Competence Examination as well as Final should be practical oriented questions as also [...]
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