ICAI has made an Announcement regarding Exclusion of Some Topics for CA IPCC Nov 2013 exam in subject of Accounting for Hire Purchase chapter. And also same will not be applicable for May 2014. ICAI announced on 23/08/2013 that Hire Purchase Trading Account (Debtors) Method and Stock and Debtors Method are excluded from syllabus. Hence, it will not be asked in May 2014 IPCC exam. ICAI has also said in announcement about which pages are effected with this inclusion which are also given below.
ICAI had removed some pages from Information Technology also, last time: check it at >Important Chapters,Topics & Tips for CA IPCC Nov 2013 Exam/ Info. Tech. exclusions.
The exact ICAI announcement is given below.
Announcement: Exclusion of Hire Purchase Trading Account (Debtors) Method and Stock and Debtors Method from Chapter 11 of Intermediate (IPC) Course Paper 1: Accounting Study Material. – (23-08-2013)
Recommended Article: >CA IPCC Syllabus for May 2014 & IPCC IT, Tax Changes for Nov 2014
So, that’s good to see as a CA student that something is removed this time also. Haaashh.. lol.
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