P2 Exam tips – June 2012 sitting

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This topic contains 16 replies, has 15 voices, and was last updated by avatar nanaki 2 years, 1 month ago. This post has been viewed 373 times

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  • Avatar of ansi
    ansi
    Moderator
    • Topics: 89
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    More tips will be added in a while. Keep checking for updates.

    Opentuition

    1) Complex group – question Rod ( adapted past exam question ), or
    Piecemeal acquisition / partial disposal – question Beth ( December 2007 )
    or Base Group ( adapted past exam question )

    2) Management commentary – question 52 in Kaplan revision kit

    3) IFRS 10, 11, 12 and 13 – no past exam question – check the OpenTuition course notes

    4) a question on “Various IASs / IFRSs” – many examples from past exams

    5) Entity reconstruction – no past exam question – check the OT course notes

    Any one, including question 1, could ask for “special” style – report,
    memorandum, email or even letter! So make sure you answer in appropriate
    style.



    LSBF

    Group income statement.
    Deferred tax.
    Financial instrument.
    Joint arrangements.
    Fair value.
    SME.

    source for tips from other publishers – PQ Magazine
    http://www.pqaccountant.com

    best of luck with exam!
    ansi


    Avatar of Ysbq
    Ysbq
    Participant
    • Topics: 11
    • Replies: 91

    thanks a lot


    avatar
    ramanbeedh
    Participant
    • Topics: 3
    • Replies: 5

    thanks buddy


    Avatar of ansi
    ansi
    Moderator
    • Topics: 89
    • Replies: 811

    updates:

    ATC

    • Consolidations.
    • Financial instruments (IAS 39/IFRS 9) including hedge accounting.
    • Employee benefits (IAS 19) – examinable for first time June 2012 in new format.
    • Leases (IAS 17).
    • Share-based payments (IFRS 2).
    • Impairment of assets (IAS 36).
    • Deferred tax (IAS 12).
    • IFRS 1 first-time adoption.
    • Topics issues – fair value, accounting for financial instruments and revenue recognition.

    BPP

    • Group SOFP and SPLOCI – discounted activities, acquisitions and disposals or a statement of cash flows.
    • Non-current assets.
    • IFRS for SMEs.
    • Events after the reporting period.
    • Fair values or improvements in performance measurement.
    • Leasing – application part with some computations.

    First Intuition

    • Q1 group question on disposals, piecemeal acquisitions.
    • Ethics.
    • Fair values – current issue.
    • Deferred tax.
    • Share based payments.
    • Provisions.


    avatar
    mary Cawley
    Participant
    • Topics: 2
    • Replies: 10

    Thanks…what is SPLOCI- is it statement of other comprehensive income? Thanks


    avatar
    hklui2007
    Participant
    • Topics: 0
    • Replies: 4

    Anyone has the Kaplan Tips for June 2012?


    avatar
    osru
    Participant
    • Topics: 7
    • Replies: 23

    Thanks for the tips Ansi.


    avatar
    shirokie
    Participant
    • Topics: 0
    • Replies: 4

    thanks a lot!!!


    avatar
    Moses
    Participant
    • Topics: 0
    • Replies: 8

    Thanks a lot!!
    Has anyone ever used Emile Woolf International Publishing Study Text???? – P2,,Is it as good?


    avatar
    arunraj503
    Member
    • Topics: 0
    • Replies: 1

    thanks for this but i want business improvement tips for burgerking


    avatar
    crystalblue
    Participant
    • Topics: 1
    • Replies: 10

    thanks for the tips ^^ sry, may i know where to get the question on Rod & Base Group for consol. under opentuition tips? anyone has question 52 on management commentary from Kaplan too?


    avatar
    mariaaristodimou
    Participant
    • Topics: 12
    • Replies: 6

    Some tips on the current issues???


    avatar
    salehaenji
    Participant
    • Topics: 0
    • Replies: 3

    Open the following link for Kaplan’s tips on P2:
    http://api.ning.com/files/vlvBVthQ5G8QReed5MFO5R-onr2qv3kcvGHokuiFeOx0xd0aiTuP*PJPK3RUW*Ukr8ONPGReBHWVf86FVw9dOA61Qj4sL5kX/ACCAP2KeyExaminableAreasJune12.pdf

    Question 1
    Group statement of comprehensive income plus ethics, possibly including disposal of subsidiary

    Other questions
    Defined benefit pension plans
    Deferred tax
    Financial instruments
    Fair value measurement – possibly as essay question


    avatar
    toogoodtofail
    Participant
    • Topics: 5
    • Replies: 10

    is everyone folliowing the IFRS 9 from Opentuition? I found the BPP text way to difficult to follow!

    Many thanks to all who assisted with the tips and best of luck!


    avatar
    toogoodtofail
    Participant
    • Topics: 5
    • Replies: 10

    Hi All,

    Any atricle from the SA magazine? I saw on my BPP book mentioning Fair Value measurement may be examined and to look out for related topics on SA.

    CHeers!


    Avatar of jalley
    jalley
    Participant
    • Topics: 0
    • Replies: 2

    Awesome .. Many many Congratulation.. you sir..

    ===========
    Domeinregistratie |Domeinnaam Registreren |Be Domein


    avatar
    nanaki
    Participant
    • Topics: 2
    • Replies: 3

    you guys are totally awesome!

    Good Luck to all of you and I hope to see you on your final selections next Sitting!!

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