Announcement 2002-109: Fill & Download for Free

There are a lot of answers here, and apparently a lot of confusion about what constitutes a thermobaric warhead.Napalm is not a thermobaric weapon. Developed during WWII, it is thickened gasoline that is scattered when its container breaks apart when striking the ground and then ignited by a white phosphorus fuze. It was also used in flame throwers. The USAF abandoned thee weapons after Vietnam, but the Marines still have them.Big Bombs date back to WWII and the British Tallboy and Grand Slam. In Vietnam the BLU-82 was developed and used until all were expended fairly early in the Global War on Terror (GWOT). Its replacement is the 21,000-lb GBU-43, popularly known as the Mother of All Bombs (MOAB). It is a blast bomb filled with 18,000-lb of Tritonal, the normal explosive fill of USAF warhead and is not a thermobaric bomb.Fuel Air Explosives (FAE) are similar to thermobaric, but not the same. As their name implies, they use a liquid fuel that is dispersed into the air and then ignited to create an overpressure kill mechanism. The USAF’s BLU-72/76 PAVE Pat, and USN/USMC’s CBU-55/72 FAE-I, and BLU-95/96 were all FAEs. Most of these were developed and evaluated during the Vietnam War or shortly thereafter. The CBU-72s were used during the 1991 Gulf War. Pulled out of war reserve stockpiles, at the end of the war it was decided that they were so corroded that they were too dangerous to keep, so were destroyed in theater. The problem with FAE is getting the dispersal of droplets just right to create the desired explosive effect and that is dependent on (among other factors) local weather conditions. When they work, they’re great, but getting them to work reliably, is a problem.Thermobaric explosives create a cloud of explosive particles that detonate with intense heat and a force (pressure pulse) that is stronger and longer lasting than that created of conventional explosives. The unique feature of this class of explosive is its use of the oxygen in the target area to propagate and complete the payload reaction. The result is the generation a powerful shockwave that reverberates throughout an enclosed structure such as a cave complex, but without causing a collapse or sealing its entrance with debris. The goal is to kill people in tunnels and then determine who had been killed—an important consideration when it was believed UBL was hiding in a cave. This explosive fill is called PBX(IH)-135 and it’s first use was in the BLU-118 warhead, which was fitted into the same shell as the BLU-109 warhead. It’s existence was announced in December 2001 and was first used in combat in March 2002. It differs from FAE in that it is a ‘dry’ explosive and much more reliable than the liquid FAE. I’m sure this fill has seen other applications in addition to the BLU-118, but the short answer is that thermobaric weapons are a relatively recent development and not related to Napalm, blast bombs, or FAE.

The next examination of CA Final course will be held in the month of May, 2017. The Institute of Chartered Accountants of India (ICAI) has announced the applicability of standards, Guidence Notes and Legislative Amendments for May, 2017 - CA Final Examination.Accordingly, do these topics thoroughly which are very important and relevant for CA Final - May, 2017.These amendments are related to following subjects:Financial ReportingAdvanced Auditing and Professional EthicsCorporate and Allied LawsDirect Tax LawsIndirect Tax LawsPaper 1 Financial Reporting39 Indian Accounting Standards (Ind AS) have been prepared by the National Advisory Committee on Accounting Standards (NACAS) and the Ministry of Corporate Affairs (MCA), Government of India has now notified Roadmap in a phased manner from 2016-17 onwards for applicability of Ind AS vide Notification No. G.S.R. 111(E) dated 16 February, 2015, for compliance by the class of companies specified in the said roadmap.All 39 IFRS converged Indian accounting standards (Ind AS) has been hosted on MCA official website Ministry Of Corporate Affairs along with the Companies (Indian Accounting Standards) Rules, 2015 which has come into force on the 1st day of April, 2015. After notification of Ind AS in February, 2015, the CA Institute has also announced dated 23/11/2015 that Ind AS 32, Ind AS 107 and Ind AS 109 would be applicable in place of AS 30, AS 31 and AS 32 to the topic ‘Accounting for Financial Instruments’.Accordingly, Ind AS 32 “Financial Instruments: Presentation”, Ind AS 107 “Financial Instruments: Disclosures” and Ind AS 109 “Financial Instruments” shall be applicable on the topic ‘Accounting for Financial Instruments’ instead of AS 30 “Financial Instruments: Recognition and Measurement”, AS 31 “Financial Instruments: Presentation” and AS 32 “Financial Instruments: Disclosures” in May, 2017 examinations for Paper-1: Financial Reporting at the Final level.In view of the complexities involved, simple practical problems involving conceptual issues or application issues may be asked in the examination.Further, some topics has been newly included by ICAI vide notification dated 30th May, 2015 in the syllabus of CA Final Course May, 2016 exams onward.i) Introduction of Indian Accounting Standards (Ind AS);ii) Comparative study of ASs vis-a-vis Ind ASs; andiii) Carve outs/ins in Ind ASs vis-à-vis International Financial Reporting Standards (IFRSs).Accounting Standards: (Almost same as earlier except AS 10)Following are the list of all 28 Accounting Standards (AS) which are fully applicable for CA Final May, 2017 examinations:AS 1: Disclosure of Accounting PoliciesAS 2: Valuation of InventoriesAS 3: Cash Flow StatementsAS 4: Contingencies and Events Occurring after the Balance Sheet DateAS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting PoliciesAS 6: Depreciation AccountingAS 7: Construction Contracts (Revised 2002)AS 9: Revenue RecognitionAS 10: Property, Plant and Equipment (2016)AS 11: The Effects of Changes in Foreign Exchange Rates (Revised 2003)AS 12: Accounting for Government GrantsAS 13: Accounting for InvestmentsAS 14: Accounting for AmalgamationsAS 15: Employee BenefitsAS 16: Borrowing CostsAS 17: Segment ReportingAS 18: Related Party DisclosuresAS 19: LeasesAS 20: Earnings Per ShareAS 21: Consolidated Financial StatementsAS 22: Accounting for Taxes on IncomeAS 23: Accounting for Investment in Associates in Consolidated Financial StatementsAS 24: Discontinuing OperationsAS 25: Interim Financial ReportingAS 26: Intangible AssetsAS 27: Financial Reporting of Interest in JVAS 28: Impairment of AssetsAS 29: Provisions, CL and CAAmendments made by MCA on 30/03/2016 in Companies (Accounting Standards) Rules, 2006 and Companies (IND AS) Rules, 2015 are applicable for May, 2017 exam.Guidance Notes: (Almost same)Following are the list of 14 Guidance Notes which are fully applicable for CA Final May, 2017 examinations:1. Guidance Note on Accrual Basis of Accounting.2. Guidance Note on Accounting Treatment for Excise Duty.3. Guidance Note on Terms Used in Financial Statements.4. Guidance Note on Accounting Treatment for MODVAT/CENVAT.5. Guidance Note on Accounting for Corporate Dividend Tax.6. Guidance Note on Accounting for Employee Share-based Payments.7. Guidance Note on Accounting for Credit Available in respect of Minimum Alternate Tax under the Income Tax Act, 1961.8. Guidance Note on Measurement of Income Tax for Interim Financial Reporting in the context of AS 25.9. Guidance Note on Applicability of AS 25 to Interim Financial Results.10. Guidance Note on Turnover in case of Contractors.11. Guidance Note on the Schedule III to the Companies Act, 2013.12. Guidance Note on Accounting for Expenditure on Corporate Social Responsibility Activities.13. Guidance Note on Accounting for Derivative Contracts.14. Guidance Note on Accounting for Depreciation in Companies in the context of Schedule II to the Companies Act, 2013The Companies Act, 2013:Accounting related sections of the Companies Act, 2013 notified up to 31/10/2016 along with the clarifications issued by the Ministry of Corporate Affairs are applicable for May, 2017 Examination.The cut-off date for any other legislative amendments including relevant Notifications, Circulars, Rules and Guidelines issued by Regulating Authority will be six months i.e. up to 31st October, 2016.Paper 3 Advanced Auditing and Professional EthicsThe statement on reporting under Section 143 of the Companies Act, 2013 (Section 227(1A) of the Companies Act, 1956) shall be applicable for May, 2017 Examination. Companies (Auditor’s Report)Order, 2016 issued by Ministry of Corporate Affairs on 29th March, 2016 is applicable for CA Final May 2017 Exams.All auditing related sections of the Companies Act, 2013 up to 31-10-2016 shall be applicable for CA Final May, 2017 Exams. All other legislative amendments including relevant Notifications / Circulars / Rules / Guidelines issued by Regulating Authority up to 31st October, 2016 is applicable for May 2017 Examination.SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Companies (Auditor’s Report) Order, 2016 are applicable for May, 2017 Examination.Paper 4 Corporate and Allied LawThe Companies Act, 2013:The relevant notified Sections of the Companies Act, 2013 and other legislative amendments including relevant Notifications / Circulars / Rules / Guidelines issued by Regulating Authority up to 31st October, 2016 will be applicable for May, 2017 Examination.Additionally, the RTP of May, 2017 examination shall be referred side by side so as to know what is applicable/not applicable for May, 2017 examination.SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2009:Vide Notification No. SEBI/LAD-NRO/GN/2016-17/003 (http://www.sebi.gov.in/cms/sebi_data/attachdocs) dated 25th May, 2016, SEBI hereby further amend the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 through the enforcement of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)(Third Amendment) Regulations,2016 from the date of their publication in the Official Gazette. Amendments have been made in relevant Regulations 2, 4, 73 & 84 of the Securities and Exchange Board of India(Issue of Capital and Disclosure Requirements) Regulations, 2009 and these shall be applicable to issuers filing offer documents with the Registrar of companies on or after the date of commencement of these regulations.The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016:Ministry of Law and Justice on 16th August, 2016 has published for general information, the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Act, 2016.It is an Act further to amend four laws: (i) Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI), (ii) Recovery of Debts due to Banks and Financial Institutions Act,1993 (RDDBFI), (iii) Indian Stamp Act, 1899 and (iv) Depositories Act, 1996, and for matters connected there with or incidental thereto.Chapter II, of this amendment Act (http://financialservices.gov.in/Banking/LAWS.pdf) deals with the amendments to the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, whereby, it is an act to regulate securitisation and reconstruction of financial assets and enforcement of security interest and to provide for a central database of security interests created on property rights, and for matters connected therewith or incidental thereto.Paper 7 Direct Tax LawsPart-I of Paper-7 contain topics related to Direct Taxation. Accordingly, all amendments made in the provisions of Direct Tax by the Finance Act, 2016 including various circulars and notifications issued up to31st October, 2016 will be applicable for CA Final May, 2017 examinations.Accordingly, the applicable assessment year shall be A.Y. 2017-18 for Direct Tax Laws for CA Final May,2017 Examination. Part-II of Paper-7 of CA Final New syllabus covers topics related to International Taxation.You should note that CA Institute has already excluded the Wealth-tax Act, 1957 and Rules there under from the syllabus of CA Final Course and therefore not applicable for May 2017 examination.Paper 8 Indirect Tax LawsAmendments made in the provisions of Indirect Tax Laws by the Finance Act, 2016 including various circulars and notifications issued up to 31st October, 2016 will be applicable for CA Final May, 2017 examinations.Source: The Institute of Chartered Accountants of IndiaThanks.!

# Abdul Razzaq(Unsung)His techniques and suitability to Test cricket was always questioned, but the same batting style helped him grow from strength to strength in the ODI format. His all-round abilities came to the fore in the tri- series involving Australia and India at Australia in 2000, where he emerged as the Man of the Series.Though not as successful in the Test format, Razzaq would often chip in with useful contributions. In 2000, he became the youngest cricketer in the world to take a Test hat-trick when he performed the feat in a match against Sri Lanka. A minor slump in form with the bat and a steady decline in pace with the ball saw Razzaq become a support bowler post 2002. Although his place in the ODI squad was never questioned, calls for his head from the Test team grew louder . But Razzaq found his form and pace back post 2005, when he scored 205 runs and took 9 wickets against India in 2 Test matches.Things became worse for Razzaq in 2007, when a knee injury forced him out of Pakistan's World Cup squad. If that was not enough, he was dropped from the Pakistan team for the inaugural World T20 championship owing to poor form. He announced his retirement in protest and revoked his decision a few months later. He also signed up for the Hyderabad Heroes to play in the Indian Cricket League and became a 'rebel cricketer'. He eventually severed ties with the ICL and returned to play for Pakistan in the 2009 T20 championship, where his all - round skills played a part in Pakistan's successful campaign.Razzaq became a regular member of the ODI squads and became a part of Pakistan's plans for the 2011 World Cup. He was in great form going into the tournament, as he enjoyed good success against South Africa and New Zealand in the pre - World Cup season. It included a match-winning unbeaten 109 off just 72 balls against South Africa in Abu Dhabi. However, he didn't enjoy much success at the World Cup, and was dropped from the squad to play against the West Indies.Although he was dropped from the ODI side, Razzaq continued playing T20Is, he was part of the squad that played the 2012 T20 WC. During a T20I series against South Africa, he injured himself and was ruled out of the forthcoming return series. Since then he has found it difficult to get back into the team and was even overlooked for the 2014 T20 WC.One of the best all rounders for pakistan.