Free online study materials and support for ACCA P2 Paper
Essential ACCA P2 links
P2 (INT) – syllabus and study guide D14 – J15
P2 (UK) – syllabus and study guide D14 – J15
P2 Examinable documents INT & UK
P2 Past exam papers INT
P2 Past exam papers UK
P2 Examiners’ reports
P2 Examiner’s approach article
P2 Examiner’s approach interview
P2 Technical articles
ACCA Paper P2 – Key to success
There is no change to the format of the exam in December 2014.
There have been no changes to the syllabus, but references to a framework for environmental and sustainability reporting have been amended to refer to the draft Integrated Reporting Framework.
Nature of the ACCA P2 paper
ACCA P2 Paper – Corporate Reporting – a ( big ) step up from F7 Financial Reporting – is to apply knowledge and skills and to exercise professional judgement in the application and evaluation of financial reporting principles and practices in a range of differing business situations.
Free ACCA P2 notes
To fully benefit from these notes please access our free lectures below.
Note: These course notes are not meant to replace study texts. To succeed in your exam, you need to get updated Revision kit from an ACCA approved publisher.
Copyright: Selling or profiting in any way from these notes without our permission is prohibited. If you would like to use our course notes in your college, please check our OpenLicence for details.
Free ACCA P2 lectures
To fully benefit from P2 lectures you must use our P2 notes.
ACCA P2 Articles
Impairment review of goodwill
Specially for OpenTuition students, Tom Clendon shares a chapter of his book: “A Student’s Guide to Group Accounts”
ACCA Exam Technique
Tips for ACCA Paper P2 December 2014 exams
Consol SoFP including foreign subsidiary (last asked in June 2011)
Questions 2 and 3
Various IAS / IFRS – possibly Leasing, Revenue, Provisions and Contingencies, Almost certainly Agriculture (new to syllabus)
Question 4 – 3 technical articles from SA:
- Impairment of financial assets
- Hedge accounting
- When does debt seem to be equity
- Integrated reporting (new to syllabus)
Tips should not be relied on – they are only intelligent guesses.
Their only purpose is to give you suggestions for topics to concentrate on in your last few days of preparation. Do not exclude other topics from your overall preparation.
Examiners Recommended Reading
“International GAAP 2006″ – Ernst and Young LexisNexis
International Financial Reporting Standards (IFRS) Workbook and Guide: Practical insights, Case studies, Multiplechoice questions, Illustrations: Practical … Multiple-choice Questions, Illustrations Abbas Ali Mirza, Graham J Holt, Magnus Orrell. Wiley (2006)
These books are recommended by the examiner . If you are having problems with a particular paper, or if you want to do extra reading out of interest, then you might them useful.
The most efficient way of obtaining them is from Amazon in the UK.