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Changes in December 2015 session

RRizwan10y ago
is there any changes for December 2015 exam session compared to June 2015..for F7 nd F5..as am using Kaplan text for F7 which is dated til August 2015..So should I need to replace with a new one or is the same text used for june 2015 enough.
MikeLittleMikeLittleTutor10y ago#1
You need to brush up on IFRS 15 which probably isn't in the Kaplan August text but it IS in the December syllabus. There's an IFRS 15 chapter in the free course notes that you'll find on this site IAS 11 and IAS 18 are now out of the syllabus but the chapter headed IAS 11 is still relevant as it demonstrates the calculations to be used for finding the figures in the context of contracts with customers Other than that, changes in the syllabus are pretty cosmetic
JJeffrey10y ago#2
G'day Mike, How able IAS 39 VS IFRS 9? Is both standard still applicable in this Dec'15 Exam?
JJeffrey10y ago#3
G'day Mike, How about IAS 39 VS IFRS 9? Is both standard still applicable in this Dec'15 Exam?
MikeLittleMikeLittleTutor10y ago#4
IAS 39 is now no longer in force and is, therefore, no longer in your syllabus (with effect from September 2015)
JJeffrey10y ago#5
Thank you so much Mike! May I seek you advise on how to recognize and measure for "Available-For-Sale Financial Asset" under IFRS 9 if it is examinable for F7 Dec'15 exam?
MikeLittleMikeLittleTutor10y ago#6
The classification of "available for sale" that was in IAS 39 has been dropped as a classification in IFRS 9 There's no such animal now! They're extinct!
JJeffrey10y ago#7
G'day Mike, Well understood and my understanding Is clearer after your advise. Thank you so much. Preferably if there's any material/article related to this, appreciate your sharing. (in term of F7 Examination) Once again, Thank you for your kind guidance.
MikeLittleMikeLittleTutor10y ago#8
Put "IFRS 9" into your search box and click on the "iasplus" option That should help at this late stage
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