P2 Irish Variant

Hi,

Any of the UK books such as BPP should be good.

Irish and U.K variant of P2 is effectively the same as it’s the Financial Reporting Council (FRS) that set the standards for Irish and U.K. GAAP.

Therefore read something like a BPP textbook to see the extra 15% you need to study. FRS 102 is a new thing from January 2015 and should form part of it.

Hindsight is an unhelpful friend, but in hindsight, maybe you should have chose the international version. Anyway it is what is. You may not regret choosing the Irish version if you plan to be an auditor in the future.

@padraig.kelly said:
Hi, thanks for the reply.
I’m in audit so I have to do this variant.
I have the BPP book and didn’t find it great. I’m repeating and using a book I bought over a year ago though so maybe the latest edition is better. A colleague who took classes mentioned that they just received a handout covering the Irish GAAP towards the end of the course. He didn’t keep it though so I’m still on the lookout.

Well maybe try Kaplan or Becker (I would recommend Becker probably it’s what we used in accountancyschool) if you don’t like BPP.

Very little was talked of in regards to the Irish variant in my course.

I done the international version as that was highly recommended to us.

If I was you I’d look up all the UK standards and the differences between them and the IAS’ in a text book or online. Also read the alternative solutions in your revision kit. These cover the UK standards. Remember UK and Irish standard are the same as its the FRC who set both. They are Irish and U.K. Generally Accepted Accounting Practices. That’s why you don’t see a Irish specific textbook or anything.