ICC has introduced several new incoterms ( such as; DAT, DAP) which will be needed for F4 global. Should it be necessary to memorize this for December 2011 exam?
NoT sure – but there was an article in student accountant which will tell you. Alternatively there could well be guidance in the ACCA syllabus. But, if I’m correct, the syllabus does not change during the calendar year and, if the new terms were not in for June 2011, then they are not in for December 2011. ( sorry, but I don’t teach global variant – yet!)