- October 24, 2015 at 6:17 pm #278746FarjaadMember
- Topics: 3
- Replies: 0
I have no idea how to prepare for question 4 in the P2 paper. Please helpp.November 12, 2015 at 9:29 am #281912
The general advice given is not to attempt this question, in which case you will have to choose Q2 & Q3 out of the three options.
For preparing for this question you need to be acquainted with the ongoing discussions of the updates in the standards. You can refer to the tech articles and the IAS websites.
See for instance the below link
https://www.ifrs.org/Current-Projects/IASB-Projects/Pages/IASB-Work-Plan.aspxNovember 12, 2015 at 11:25 am #281933
And the question 4 may not be restricted to the updates in accounting standards. There was a question in Jun-15 session on IIRC framework.November 12, 2015 at 5:12 pm #282015dewanMember
- Topics: 22
- Replies: 167
Is it ok to get registered on the link u gave above .so i get notifications of any update in coming weeks as i have seen there is an option to get register for this thing.@ahmedmirza.November 12, 2015 at 6:36 pm #282032lavinia69Participant
- Topics: 5
- Replies: 121
I do not necessarily think you should avoid question 4. The marks you can gain in question 4 are usually easier to get and can be awarded for more general knowledge around the standard and the ability to link your knowledge to the scenario.
Obviously, you have 15 minutes of reading time to decide which of the options you will pick.November 13, 2015 at 6:11 am #282074konoMember
- Topics: 0
- Replies: 9
Don’t ignore Q4 because one of the two other questions (ie Q2 & Q3) can be a difficult question thus you need Q4 to help you to pass. This is what happen to me in my J2014 exam, I opt for Q4 and I pass P2 because Q3 was difficult.November 13, 2015 at 8:05 am #282089
Is it ok to get registered on the link u gave above .so i get notifications of any update in coming weeks as i have seen there is an option to get register for this thing.@ahmedmirza.
You can register or subscribe to any such website and receive the updates as they happen, but my personal advice, based on my personal experience, is that if you have lot of other activities you are busy with and because of which you are not able to check your emails regularly, you may find bulk of unread emails from the website you have subscribed to. This might create a sense of boredom and guilt of not reading them and may eventually lead to losing interest on the subject.
I personally therefore recommend you to visit website at sometimes of week to get the grasp on what is going on. Alternatively, as and when you get interested in an accounting standard you may google on to see if there are any discussions going on regarding that.
Best of luck
- You must be logged in to reply to this topic.