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Hi Guys,
I’m taking P2 along with other papers (p1, P2 ,P3 & p5) in June 2013.
Im working as well. I would like to know how I should go about studying P2 along with other papers.
Please help me out
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Its not advisable to do four papers at one time especially if you are working.
P1 and P3 could be taken together
Hi Cannceer,
There are way to many exams that you want to sit in same session!! Can you really take on that much info in a short period of time?
Anyway, I sat P3 and passed first time so I believe is easy as long as you learn the models and look at businesses in the real life in a logical way.
P1 is giving me headaches, I am resitting it and didn’t really have time to do any revision (as I sat F9 and P2 as well). So I can’t give advise on that.
To respond to your qu re P2 – I believe you need to learn all the deffinitions by heart and understand them so well that you can apply them quick and logically in any sort of scenario. You have to have the ability to see the substance over form. Also, know all the proformas (e.g. Goodwill, Retained Earnings, NCIs, Associates, Cash Flows) by heart. And if you practice loads of questions on top of that, you should do fine. P2 has a fairly high pass rate.
For all the Advanced papers you need to read bussiness papers/magasines. I got myself a subscription with The Economist – very good!
Best of luck!
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