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Dear sir,
With 6 weeks to go for the dec 2019 exams, could you suggest a strategy to be followed while studying standards?In the PQ article about preparing for SBR, it says to reflect how the topic relates to the IASB’s Framework, and also review real-life financial statements to see how the standards are actually applied.
Could you suggest how to do this, like what resources can we use?
Thanks.
Framework
Review examiner answers to past questions in your revision kit. He will often include a paragraph explaining how an IFRS ties in with the Framework
Real life financial statements
Download annual report of MARKS AND SPENCER – as you study each standard have a look at the accounting policy and other notes to give you a feel for how standards are applied
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