IAS and IFRS

You need to know about as much of the IAS / IFRS as is covered in lectures, course notes and mini-exercises

Do you mean “Do I need to remember all the IAS numbers and IFRS numbers and their titles?”

Here is my standard reply!

There are NO marks for quoting ISA numbers nor titles

There are NO marks for quoting IAS numbers nor titles

There are NO marks for quoting IFRS numbers nor titles

There are NO marks for quoting FRS numbers nor titles

There are NO marks for quoting law section numbers nor titles

There are NO marks for quoting titles of legislation

There are NO marks for quoting ED numbers nor titles

So, if there are NO marks for quoting these numbers or titles, why try to learn them?

“Sir as u said we dont have to memorise titles but is there any possiblity of having to explain any ias in exam ?” – you have to know what the IAS says is the appropriate accounting treatment of those matters covered by the IAS

You should, FOR EXAMPLE, know how earnings per share is calculated, what is the rule for accounting for contingencies and how to treat impairments of intangible assets