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Hi Peter,
Sounds like you have been busy!
If you don’t mind uploading to the link above that would be great. It will be useful to make sure we have everything covered. I will compare it to my list (only scribble at the moment!) and post back any comments.
Thanks,
Dom
I’m with you on this one, there seems to be very little in terms of student focused material on the differences between the two.
The best I’ve come up with is to compare the examinable docs list with a publication on the overall differences such as: – https://www.ey.com/Publication/vwLUAssets/UK_GAAP_v_IFRS_-_The_basics_-_Spring_2011/$FILE/EY_UK_GAAP_vs_IFRS_-_The%20basics_-_Spring_2011%20.pdf
This doesn’t include all the differences however, missing out some of the newer IFRS, but it provides a good overview. Then I’ve just made notes summarising the main points on each difference which will hopefully give me enough to talk about in the exam.
Judging by the examiners answers on the UK variant it looks as though some marks will be available for detailing the IFRS guidance as well as UK GAAP treatment in a comparison questions which will hopefully mean you can score some marks just by saying how the treatments will be under IFRS. That would only be my back up option if i come unstuck!
Let me know if you come across anything more useful.
All the best in the exam.
Dom