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IFRS 10,13, new conceptual framework

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › IFRS 10,13, new conceptual framework

  • This topic has 3 replies, 2 voices, and was last updated 13 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 1, 2012 at 10:42 am #51666
    ansi
    Participant
    • Topics: 121
    • Replies: 805
    • β˜†β˜†β˜†β˜†

    Hi Mike,

    any idea, how IFRS 10 and 13 are going to be examined in June?
    same for new conceptual framework , what is the main difference with that old one?

    thank you! πŸ™‚

    March 1, 2012 at 2:53 pm #95013
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • β˜†β˜†β˜†β˜†β˜†

    Hi Ansi

    IFRS 10 – if asked, I can see this as a 4 or 5 mark part b to question 1. IFRS 11 is, I believe, not in the syllabus. IFRS 12? Not in the F7 syllabus. IFRS 13 – again it coud be a 4 or 5 mark part b. There doesn’t actually appear to be a huge amount new which is not already in the F7 notes – it’s an IFRS about Fair Value Measurement.

    New Framework? I don’t honestly see even a 15 marker on this – there is seemingly only minor changes . To be safe, you should read the 7 or 8 pages in a study text. But will it come as a 25 mark question? I would be astonished ( in capital letters! ) if it did.

    March 1, 2012 at 10:20 pm #95014
    ansi
    Participant
    • Topics: 121
    • Replies: 805
    • β˜†β˜†β˜†β˜†

    Thanks! πŸ™‚
    re IFRS

    as for framework , of course there won’t be a whole question on that .
    I was just wondering what is the principle difference between those documents.
    Well , maybe it’s worth comparing those page by page πŸ™‚ I guess that’s what i’m going to do .

    March 2, 2012 at 4:58 pm #95015
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • β˜†β˜†β˜†β˜†β˜†

    You’re welcome

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