CSS Forums

CSS Forums (http://www.cssforum.com.pk/)
-   Accounting & Auditing (http://www.cssforum.com.pk/css-optional-subjects/group-i/accounting-auditing/)
-   -   Too much silence in Accounting department... why? Sir Raz, Kindly help! (http://www.cssforum.com.pk/css-optional-subjects/group-i/accounting-auditing/103812-too-much-silence-accounting-department-why-sir-raz-kindly-help.html)

Accountant Tuesday, September 08, 2015 12:31 PM

[QUOTE=misbah62;860195]some section are quite new for me.. in all my studies i did not study theoratical portion much and now i 'm hesitating about it. have you complete knowledge that what will we prepare ?[/QUOTE]

No one knows everyone is shooting blindly it seems that most aspirants think that revised syllabus will have no implication and it will be business as usual but it can go either way because revised syllabus contains topics which are not normally examined in universities in Pakistan first attempt i.e. CSS 2016 is going to set tone of future attempts

Awesum Farhan Tuesday, September 08, 2015 08:05 PM

I'm doing MBA Finance.. I did accounting in BBA (Hons) Finance.. In almost all universities of Pakistan teachers give more emphasize on numerical questions instead of theory... You should study Theory to get Conceptual Understanding of Accounting.. Otherwise you'll not be able to comprehend the numerical questions fully.. So don't worry at all.. Just study Business Accounting 1 and 2 By Frank Wood for theoretical portion.. Because it's very basic and easy book. In Pakistan we are using UK standards IAS and IFRS that's why i'm recommending you Frank Wood not Meigs and Meigs who's from US..

I'm not recommending Pakistani books because it lacks theoretical framework but good for Numerical questions..

misbah62 Tuesday, September 08, 2015 08:31 PM

[QUOTE=Awesum Farhan;860312]I'm doing MBA Finance.. I did accounting in BBA (Hons) Finance.. In almost all universities of Pakistan teachers give more emphasize on numerical questions instead of theory... You should study Theory to get Conceptual Understanding of Accounting.. Otherwise you'll not be able to comprehend the numerical questions fully.. So don't worry at all.. Just study Business Accounting 1 and 2 By Frank Wood for theoretical portion.. Because it's very basic and easy book. In Pakistan we are using UK standards IAS and IFRS that's why i'm recommending you Frank Wood not Meigs and Meigs who's from US..

I'm not recommending Pakistani books because it lacks theoretical framework but good for Numerical questions..[/QUOTE]
but tell me that are you comprehend whole syllabus . i mean that are you clear what have to prepared in new sections

Awesum Farhan Tuesday, September 08, 2015 09:02 PM

Yeah I don't have any confusion about syllabus.. I'm very much clear about it.. I can't understand why are people confused about syllabus.. All books on accounting contains the contents of syllabus.!!

Accountant Wednesday, September 09, 2015 02:45 PM

[QUOTE=Awesum Farhan;860312]I'm doing MBA Finance.. I did accounting in BBA (Hons) Finance.. In almost all universities of Pakistan teachers give more emphasize on numerical questions instead of theory... You should study Theory to get Conceptual Understanding of Accounting.. Otherwise you'll not be able to comprehend the numerical questions fully.. So don't worry at all.. Just study Business Accounting 1 and 2 By Frank Wood for theoretical portion.. Because it's very basic and easy book. In Pakistan we are using UK standards IAS and IFRS that's why i'm recommending you Frank Wood not Meigs and Meigs who's from US..

I'm not recommending Pakistani books because it lacks theoretical framework but good for Numerical questions..[/QUOTE]
Nope brother they are not UK standards and local laws supersede any international standards so we are following Mixture of local laws and International Standards further IAS are part of IFRS that's clearly mentioned in IFRS I know because I am CA finalist with 5 years experience further if you want I can provide you specific references

Awesum Farhan Wednesday, September 09, 2015 06:15 PM

I'm talking in general.. Yes we are following Local Laws as per companies Ordinance 1984 for presentation of statements etc. But IAS and IFRS have been enforced through ICAP. Why ?? For Comparability around the globe.. IAS and IFRS are same.. But after 2000 IASB has issued some new standards about Economical siginificant companies, etc and we are using some of IFRS..!!

misbah62 Thursday, September 10, 2015 01:10 PM

[QUOTE=Awesum Farhan;860340]Yeah I don't have any confusion about syllabus.. I'm very much clear about it.. I can't understand why are people confused about syllabus.. All books on accounting contains the contents of syllabus.!![/QUOTE]

ok then kindly add your email address in your profile.

Accountant Saturday, September 12, 2015 12:27 PM

[QUOTE=Awesum Farhan;860636]I'm talking in general.. Yes we are following Local Laws as per companies Ordinance 1984 for presentation of statements etc. But IAS and IFRS have been enforced through ICAP. Why ?? For Comparability around the globe.. IAS and IFRS are same.. But after 2000 IASB has issued some new standards about Economical siginificant companies, etc and we are using some of IFRS..!![/QUOTE]
Again there are no separate standards for Economically Significant Entities by IASB but I don't want to create confusion among aspirants so I will leave it at that.

M Numan Saturday, October 17, 2015 02:28 PM

[QUOTE=Awesum Farhan;860340]Yeah I don't have any confusion about syllabus.. I'm very much clear about it.. I can't understand why are people confused about syllabus.. All books on accounting contains the contents of syllabus.!![/QUOTE]
Brother please tell me the chapter numbers of sohail afzal accounting and cost accounting books
Which are part of syllabus
I am too confused....brother please help me

[QUOTE=Accountant;861470]Again there are no separate standards for Economically Significant Entities by IASB but I don't want to create confusion among aspirants so I will leave it at that.[/QUOTE]
Brother please tell me the chapter numbers of sohail afzal accounting and cost accounting books
Which are part of syllabus
I am too confused....brother please help me

Accountant Saturday, October 17, 2015 09:07 PM

[QUOTE=M Numan;872630]Brother please tell me the chapter numbers of sohail afzal accounting and cost accounting books
Which are part of syllabus
I am too confused....brother please help me


Brother please tell me the chapter numbers of sohail afzal accounting and cost accounting books
Which are part of syllabus
I am too confused....brother please help me[/QUOTE]
I have never studied from Sohail Afzal books and haven't seen them so I cant help you in this matter.


04:49 AM (GMT +5)

vBulletin, Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.