P2 UK Stream paper

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    sodiqlawal
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    Anyone doing the UK stream P2 exam.I entered for UK stream as i live in UK and assumed that is the paper i had to take. I now realise this is not the case but i cannot amend now.

    Anyway from what i have studied, there are not many major differences between the two standards. However it is said up to 20% of the paper may be based on UK stream.
    I wondered what kind of questions these may be? A lot of the differences are very straight forward but they cant surely be 20marks worth? Any advise appreciated.


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    fblade
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    In the same situation as you, unfortunately.

    They’ll be spread all over the paper – lets hope that some of them are in Q4 – where most peeps wont attempt.

    Have a look at the extra material – they have examples with calulations. That should be a starting point.


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    sodiqlawal
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    thanks for replying. I am going to make notes on all the najor differences as stated in the textbook and just hope i can remember them for the exam. It just seems like unnessary extra work for an already difficult paper. But i am pretty confident if shouldn’t have much effect on my result.

    I am actually planning to the do the Q4 as i see that recent papers usually have a 7/8mark easy calculation question as part b. So if the main current issue questions are not too intimidating, i think its a good question to attempts


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    fblade
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    I’ve also heard that the examiner writes the International paper and then adjusts the other variant papers a little to bring in the differences.

    Could do a INT v UK paper comparison.

    Any ideas what the Q4 topics will be?


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    sodiqlawal
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    Sorry about the very late response.
    Its likely to be on Fair Value measurement or the new standards IFRS10,11,12 which relates to Consolidated Statement (control), Joint Arrangement & Disclosures of them.

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