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hi
could you please advice on the type of topics current issues questions will cover.for example the new auditors report technical article is a very important article as you have previously mentioned to read 2/3 times everyday (im following your advice )
i just wanted to know what sort of accounting standards might be examined . because so far i have done the bpp kit once (im starting again)
most of the questions are the main – ethics/ matters to be considered/ audit report critisicm type etc.so just wanted to clear my concepts about the type of current issues questions might come up in the exam.
thanks
Here’s a list of the Exposure Drafts that are in the syllabus:
Any of these could feature in a P7 question
But you’re correct in your summary of :
ethics
audit reports
procedures / evidence
accounting issues to resolveEDs:
“EDs, Discussion Papers and Other Documents
ED 2014 / 6 Disclosure initiative – proposed amendments to IAS 7
ED 2014/3 Recognition of deferred tax assets for unrealised losses
ED 2013/6 Leases
ED/2014/4 Measuring quoted investments in subsidiaries, joint ventures and associates at fair value
ED/2014/5
Classification and Measurement of Share-based Payment Transactions – proposed amendments to IFRS 2ED 2015/1 Classification of Liabilities – proposed amendments to IAS 1
ED 2015/3 Conceptual Framework for Financial Reporting
Hope that helps
Sir is there any lectures available on EDs like ED/2014/5 for example…or other wise from where I can go through all these EDs…Thank you….
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