Hello students ,😍😍
Are you looking for CA Final Amendments for MAY 2021 & Nov 2021Exams??
You are on the right place…………………..
CA Final amendments for May 2021 exams are available for download which has been issued by the Institute of Chartered Accountants of India (ICAI). The next examinations of Chartered Accountancy Final course will be held in May 2021.
All updates till 31st October, 2020 is applicable for final level examinations to be held in the month of May 2021. CA Institute announces the applicability of Standards, Guidance Notes and Legislative Amendments etc. for May, 2021 – Final Examination.
Accordingly, you may download topic wise ICAI CA Final amendments for May 2021 exams. Accounting Standards, Standards on Auditing (SAs), Guidance Notes (GNs), Circulars, Notifications, Companies Act and Finance Act etc.
You may download CA Final amendments applicable for May 2021 exams under new syllabus as well as old syllabus. In this article you will be able to learn the recent amendments, latest updated notes and news for May 2021 examination.
You must go through the latest CA Final amendments and CA Final updates happened at least 6 months prior to the commencement of your CA Final Course examination. Accordingly, you may download the following resources provided by CA Institute on official website ICAI.org under Board of Studies (BoS) Knowledge Portal:
Applicability of Standards/Guidance Notes/Legislative Amendments etc. for May, 2021 Examination Study Guidelines for May, 2021 Examinations Final New Course
Paper 1: Financial Reporting
(1) | (2) | (3) |
S. No. in the revised syllabus | Topics of the syllabus | Exclusions |
2. | Application of Indian Accounting Standards (Ind AS) with reference to General Purpose Financial Statements (v) Ind AS on Assets and Liabilities of the Financial Statements including Industry specific Ind AS (viii) Other Ind AS | Indian Accounting Standard (Ind AS) 16 ‘Property, Plant and Equipment’ • Appendix B- Stripping Costs in the Production Phase of a Surface Mine Indian Accounting Standard (Ind AS) 37 ‘Provisions, Contingent Liabilities and Contingent Assets’ • Appendix A: Rights to Interests arising from Decommissioning, Restoration and Environmental Rehabilitation Funds • Appendix B: Liabilities arising from Participating in a Specific Market — Waste Electrical and Electronic Equipment • Indian Accounting Standard (Ind AS) 29 : Financial Reporting in Hyperinflationary Economies • Indian Accounting Standard (Ind AS) 104 : Insurance Contracts • Indian Accounting Standard (Ind AS) 106 : Exploration for and Evaluation of Mineral Resources • Indian Accounting Standard (Ind AS) 114 : Regulatory Deferral Accounts |
5. | Analysis of financial statements | • Analysis of financial statements based on Accounting Standards |
Notes:
(1) In the above table, in respect of the topics of the revised syllabus specified in column (2) the related exclusion is given in column (3). The revised syllabus has been enclosed as Annexure I of this Study Guidelines.
(2) November, 2020 edition of the Study Material is relevant for May, 2021 examination. The relevant /applicable topics or content are to be read alongwith the ‘Corrigendum to Study Material’, if any
(3) The relevant Amendments / Notifications / Circulars / Rules issued by the Companies Act, 2013 up to31st October, 2020 will be applicable for May, 2021 Examination. Accordingly, amendments notified by MCA on 24th July, 2020 is applicable for May, 2021 examination.
PAPER 1: Financial Reporting
Faculty Name | Amendments Notes | Amendments Lectures |
CA Praveen Sharma | Part 1 | Part 1 |
Part 2 | Part 2 | |
Part 3 | Part 3 | |
CA Jai Chawla | – | Part 1 |
– | Part 2 |
Annexure I
REVISED SYLLABUS (APPLICABLE FROM NOVEMBER, 2019 EXAMINATION)
FINAL NEW COURSE
PAPER – 1: FINANCIAL REPORTING
(One paper – Three hours – 100 Marks)
Objectives:
(a) To acquire the ability to integrate and solve problems in practical scenarios on Indian Accounting Standards for deciding the appropriate accounting treatment and formulating suitable accounting policies.
(b) To gain the prowess to recognize and apply disclosure requirements specified in Indian Accounting Standards while preparing and presenting the financial statements.
(c) To develop the skill to prepare financial statements of group entities which includes subsidiaries, associates and joint arrangements based on Indian Accounting Standards.
(d) To develop an understanding of the various forms of reporting (other than financial statements) and accounting for special transactions, and apply such knowledge in problem solving.
Contents:
- Framework for Preparation and Presentation of Financial Statements in accordance with Indian Accounting Standards (Ind AS).
- Application of Indian Accounting Standards (Ind AS) with reference to General Purpose Financial Statements
(i) Ind AS on First time adoption of Indian Accounting Standards
(ii) Ind AS on Presentation of Items in the Financial Statements
(iii) Ind AS on Measurement based on Accounting Policies
(iv) Ind AS on Income Statement
(v) Ind AS on Assets and Liabilities of the Financial Statements including Industry specific Ind AS
(vi) Ind AS on Items impacting the Financial Statements
(vii) Ind AS on Disclosures in the Financial Statements
(viii) Other Ind AS - Indian Accounting Standards on Group Accounting
(i) Business Combinations and Accounting for Corporate Restructuring (including demerger) (as per Ind AS)
(ii) Consolidated and Separate Financial Statements (as per Ind AS) - Accounting and Reporting of Financial Instruments (as per Ind AS)
- Analysis of Financial Statements
- Integrated Reporting
- Corporate Social Responsibility Reporting
- Notes:
- If either a new Indian Accounting Standard (Ind AS) or Announcements and Limited Revisions to Ind AS are issued or the earlier one are withdrawn or new Ind AS, Announcements and Limited Revisions to Ind AS are issued in place of existing Ind AS, Announcements and Limited Revisions to Ind AS, the syllabus will accordingly include / exclude such new developments in the place of the existing ones with effect from the date to be notified by the Institute.
- The specific inclusions / exclusions in any topic covered in the syllabus will be effected every year by way of Study Guidelines.
PAPER 2: Strategic Financial Management
Faculty Name | Amendments Notes | Amendments Lectures |
CA Gaurav Jain | Download Now | Link |
CA Nagendra sah | Download Now | Link |
Paper 3: Advanced Auditing and Professional Ethics
A- List of topic-wise inclusion in the syllabus
I. List of applicable Statements and Standards for May 2021 Examination:
Statement on Reporting under Section 227(1A) of the Companies Act, 1956 (Section 143(1) of the
Companies Act, 2013).
Framework for Assurance Engagements.
II. List of applicable Engagements and Quality Control Standards on Auditing for May 2021
Examination
S.No | SA | Title of Standard on Auditing |
1 | SQC 1 | Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and Related Services Engagements |
2 | SA 200 | Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on Auditing |
3 | SA 210 | Agreeing the Terms of Audit Engagements |
4 | SA 220 | Quality Control for Audit of Financial Statements |
5 | SA 230 | Audit Documentation |
6 | SA 240 | The Auditor’s responsibilities Relating to Fraud in an Audit of Financial Statements |
7 | SA 250 | Consideration of Laws and Regulations in An Audit of Financial Statements |
8 | SA 260 | Communication with Those Charged with Governance (Revised) |
9 | SA 265 | Communicating Deficiencies in Internal Control to Those Charged with Governance and Management |
10 | SA 299 | Joint Audit of Financial Statements (Revised) |
11 | SA 300 | Planning an Audit of Financial Statements |
12 | SA 315 | Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and its Environment |
13 | SA 320 | Materiality in Planning and Performing an Audit |
14 | SA 330 | The Auditor’s Responses to Assessed Risks |
15 | SA 402 | Audit Considerations Relating to an Entity Using a Service Organization |
16 | SA 450 | Evaluation of Misstatements Identified during the Audits |
17 | SA 500 | Audit Evidence |
18 | SA 501 | Audit Evidence – Specific Considerations for Selected Items |
19 | SA 505 | External Confirmations |
20 | SA 510 | Initial Audit Engagements-Opening Balances |
21 | SA 520 | Analytical Procedures |
22 | SA 530 | Audit Sampling |
23 | SA 540 | Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures |
24 | SA 550 | Related Parties |
25 | SA 560 | Subsequent Events |
26 | SA 570 | Going Concern (Revised) |
27 | SA 580 | Written Representations |
28 | SA 600 | Using the Work of Another Auditor |
29 | SA 610 | Using the Work of Internal Auditors (Revised) |
30 | SA 620 | Using the Work of an Auditor’s Expert |
31 | SA 700 | Forming an Opinion and Reporting on Financial Statements (Revised) |
32 | SA 701 | Communicating Key Audit Matters in the Independent Auditor’s Report (New) |
33 | SA 705 | Modifications to the Opinion in the Independent Auditor’s Report (Revised) |
34 | SA 706 | Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report (Revised) |
PAPER 3: Advanced Auditing & PE
Faculty Name | Amendments Notes | Amendments Lectures |
CA Pankaj Garg | Download Now | Part 1 , Part 2 , Part 3 , Part 4 , Part 5 , Part 6 , Part 7 , Part 8 , Part 9 |
Chapterwise Amendment | – | |
CA Abhishek Bansal | Download Now | – |
CA Sanidhya Saraf | Download Now | – |
CA Kapil Goyal | – | Part 1 , Part 2 , Part 3 |

PAPER 4: Corporate and Economic Laws
Faculty Name | Amendments Notes | Amendments Lectures |
CA Pankaj Garg | Download Now | – |
CA Sanidhya Saraf | Download Now | – |
CA Abhishek Bansal | Download Now | Link |
CA Darshan khare | Download Now | Link |

Here all materials, PDFs are provided from various available sources, as we never own them, or scan them, we ar just facilitators, so we are not intentionally violating any laws, still if you feel that something should not be on site, you can contact us through email: infocastudynotes@gmail.com
Share this Post with your friends & help them to PASS. |
Subscribe for Fast Updates
All PDF which are provided here are for Education purposes only. Please utilize them for building your knowledge. We request you to respect our Hard Work. Our Intention is to provide free Study Materials for all Aspirants and we believe Education Should be free for All, and for the same reason, we gathered everything and assembled at one place.
- Download CA Inter Cost & Management Accounting Topper Certified Copy 62 Marks May’23 pdf
- Download CA Inter Accounting Topper Certified Copy 50 Marks May’23 pdf
- Download CA Final FR Topper Certified Copy 82 Marks May’23 pdf
- CA Inter Exam May 2023 Suggested Answers by ICAI in PDF AT One Place
- CA Final Exam May 2023 Suggested Answers by ICAI in PDF AT One Place
Nice paper
maam ppt 1.7 1.14 heading ke aage. likha ha iska mtlb kya ha
90%
8207723633
Disclaimer:- castudynotes.com does not own this Materials, Test Series or anything we share, neither created nor scanned. we just providing the links already available on Internet. and also we doesn’t Own any trademarks or copyrights of any institute, Teachers and others which we share are purely for Education purpose only and all copyrights and Trademarks lies with the respective Institutes/Comapanies only. We don’t intend to either harm or encash your hard work, if any way you feel that our content violates any Copyrights or any privacy laws or if you have any issue, please let us know at infocastudynotes@gmail.com and we will definitely try to provide possible solution for the same. Thank you. |
this pdf is not opened