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Changes in P7

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Changes in P7

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 3, 2016 at 6:47 am #313443
    angvil13
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    Hi,

    Would you like to plz help me regarding changes in P7?
    Like i heard IFRS-15 added, IAS-11 and IAS-18 will not tested in june-16 attempt but i saw some where they are saying it will applicable from 2017, what is true?

    Is IAS-41 also added in course?

    Any other change?

    Please i am little old student of P7. Help me in detail.

    Thanks

    May 3, 2016 at 7:15 am #313451
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23318
    • ☆☆☆☆☆

    IAS 11 and IAS 18 no longer exist so they cannot be examined

    IFRS 15 is within the examinable documents so could well be in the exam

    IAS 41 is in the examinable documents but a relatively uncomplicated IAS should hold no fears for a little old P7 student (although I don’t see why your height nor age should make any difference!)

    Surely you can read up the IASPLUS summary and make up your own audit procedures to tackle any agriculture issues!

    Who said what was examinable from 2017? Reading you post and assuming that you have written exactly what you intended to, whoever told you that is talking nonsense!

    Ok?

    May 3, 2016 at 8:07 am #313462
    angvil13
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    i was talking about IFRS-15 that it will applicable from 2017. i read it somewhere. But this IFRS-15 is not in BPP book. why so?

    Little old means i am retaking paper not in sense of age or height :p

    Any more change from Dec-14 which would you please tell?

    Thanks

    May 3, 2016 at 9:13 am #313494
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23318
    • ☆☆☆☆☆

    “But this IFRS-15 is not in BPP book. why so?” – that’s one you need to ask BPP about!

    “Little old means i am retaking paper not in sense of age or height :p” – Ah! OK, my misunderstanding 😉

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