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Hello Mike
I am preparing for the ACCA P2 and will be sitting this June. I will be doing the P2 UK standards. Is it still advisable to use your notes and lectures for the preparation since the materials uses the international standards. Can we study the consolidation? Regards
Yours sincerely
Jawed
Hi Kawed
I get the impression that the UK is moving closer and closer to IFRS. If you get hold of a reputable revision kit, you’ll typically find 10 – 12 alternative printed solution following the UK GAAP whereas most of the other answers are apparently common to both International and UK
I imagine that the notes are fine for UK GAAP with the exception of these few areas – check these “alternative answers” and see for yourself just how extensive are the differences
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