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Hello,
Am I the only person who finds this an impossible paper!! There is just far too much to take in, I know I’m going to fail along with P1. With all the reporting standards and potential current issues and it could be complex groups it could be sub with foreign exchange. My head is going to pop, my confidence already has. There is just too much to remember. I just wish I wasn’t sitting two!!
Calm down, no need to panic. Just revise what you have learned to date make up a plan and allocate time evenly between consolidation and the reporting standards. say for example do two questions of consolidation and one IAS / IFRS.
As far as current issues are concerned, if you have a grip on the IAS / IFRS then you wont need to attempt that question as the current issue question has quite a large area of coverage it can come from anywhere so smart thing would be to get a good grip on the standards and read any articles which have come in recent student accountant issues.
Take Care and best of luck in your exams.
Remember panicking does not achieve anything be positive, make a plan and stick to it.
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