Students may note that Chapter 13 “Consolidated Financial Statements” has been revised with respect to treatment of dividend explained in Para 5.5.3 “Dividend received from subsidiary companies”. Accordingly, students are advised to refer revised Unit 5 of the chapter along with the questions 1 and 2 given under “Test Your Knowledge”.

The revised chapter which has been uploaded on the BoS Knowledge Portal of the Institute’s website is relevant for November, 2018 examination. The students of Final level (new course) who have August, 2017 Edition of the Study Material are required to refer the revised chapter uploaded on the BoS Knowledge Portal of the Institute’s website at the below mentioned link:

https://www.icai.org/post.html?post_id=14153