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- This topic has 1 reply, 2 voices, and was last updated 6 years ago by MikeLittle.
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- September 23, 2017 at 10:38 pm #408459
if im taking international variant for p7 paper, solving uk variant questions in the textbook wont help?
September 24, 2017 at 9:00 am #408466What’s the matter with yesterday’s answer to this (almost the) same question?
Here it is again:
“From what I understand, the questions are identical
However, because the UK has not yet fully adopted IFRS, the UK answers are compliant with FRS in so far as UKGAAP differs from IFRS
I’m a bit surprised that you have both UK and International answers within a single revision kit!
Does that help?”
Again, from my understanding, there is very little to choose between FRS and IFRS and the differences are being slowly eliminated
However, it really depends what you mean in your post by the word “help”
Solving UK auditing questions is hardly going to produce answers wildly different that if they were solved according to International rules
And reading solutions is always helpful in establishing lay-outs, extent of content, presentation, abilities to concentrate effort into the mark-earning areas
If you’re “solving uk variant questions” in an effort to memorise the answers, then you’re wasting your time and not maximising your chances of success in P7
Does that help (this time!)?
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