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English vs Global variant

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › English vs Global variant

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
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  • April 9, 2018 at 12:29 pm #445794
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 0
    • ☆

    I am planning to give ACCA exams in June 2018. I am from Indian and i’m new to this course. I cant seem to understand the difference between English and Global variants in F4 paper. Should i select one out of the two variants? Or should i prepare for both variants?
    Also, is the contract law mentioned in the syllabus same as the Indian Contract Act, 1872 ? Please help me with my doubts

    April 9, 2018 at 4:57 pm #445824
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23322
    • ☆☆☆☆☆

    Number 1, welcome to the OpenTuition family – we look forward to being able to help you through your studies right the way through to your qualification as ACCA

    Number 2, there’s no need for the final sentence / plea! If you post on this Ask ACCA Tutor forum, you shall get a response from a tutor. Which tutor depends entirely on the paper with which you are having a problem

    Number 3, now the answers to your questions!

    “I cant seem to understand the difference between English and Global variants in F4 paper.”

    English law variant is, as the name suggests, aimed at the English market. The essential difference is that there is a greater emphasis on contract law and almost no attention paid to international law

    The Global variant has hardly any (comparatively) contract law but there’s a lot in the syllabus relating to international trade, international trade disputes, international trade documentation

    The two syllabuses are identical when it comes to Agency law, Partnership law and the law relating to corporations (companies)

    The real determinant so far as you are concerned is whether you have any aspirations to work / practice as an auditor / accountant in the UK. If that lies anywhere within your plans for the future, then you must opt for the English variant in order that you will qualify to be given a practising certificate

    “Should i select one out of the two variants? Or should i prepare for both variants?”

    Just the one variant … certainly not both!

    “Also, is the contract law mentioned in the syllabus same as the Indian Contract Act, 1872 ? ”

    My knowledge of the Indian Contract Act of 1872 extends no further that an ability to spell the title! However, given that India in the 19th century was heavily influenced by Great Britain I imagine that the Indian contract law is most likely very similar to the English contract law

    Does that help?

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    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘English vs Global variant’ is closed to new replies.

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