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Mentioning relevant ISAs, IASs and IFRS when answering questions in P7 exam

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Mentioning relevant ISAs, IASs and IFRS when answering questions in P7 exam

  • This topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • September 12, 2016 at 8:32 am #340035
    sudheermambra
    Member
    • Topics: 3
    • Replies: 2
    • ☆

    Hello Sir,
    Hello Sir,

    I have been using Open Tuition for quite some time now. I am so grateful to the team for such a detailed and very much helpful guidance.
    I have decided to sit P7 in Dec 16 session. I have kept the latest Open tuition study notes ready. I also have borrowed my friend’s Kaplan study text valid from Sep 2015 to Jun 2016. I would like to have some advice on the following:
    1. The OT study notes do not mention the ISAs , IASs & IFRSs in the notes. The official answers do mention that. The Kaplan text also provide the relevant standards throughout their study text. So, is it necessary that the standards be mentioned while answering the exam questions?
    2. I have seen a few syllabus changes in P7 for 2016-17. I believe those changes must have been incorporated in your OT notes. But, as I mentioned, the Kaplan revision kit which I have is of last year. Should I go for a latest revision kit please?
    3. I cleared P2 more than year back. Do I need to go back and study P2 before I start reading P7 chapters?
    4. Is there any revision notes available in OT to enable the students to memorise the key points from each chapters (like a Kaplan pocket notes)? (not for rote learning, but to help with revision)

    I know I have put forth more questions for your kind consideration. Request your kind help.

    Thank you very much Sirs.

    September 14, 2016 at 12:01 am #340424
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23306
    • ☆☆☆☆☆

    1) ABSOLUTELY NO, NO, NO! There are NO marks for names, numbers, titles of any accounting / legal document in these exams. Do NOT waste your time trying to remember all that nonsense

    2) I can think of no justification to tell you not to acquire an up-to-date revision kit / exam kit. Look on it as an investment rather than as an expense

    3) No need to do this necessarily BEFORE you start your P7 studies but you will certainly need to brush up your P2 understandings

    4) No, but constant re-reading of revision kit / exam kit questions and answers will soon hammer the points home

    September 15, 2016 at 7:56 am #340638
    sudheermambra
    Member
    • Topics: 3
    • Replies: 2
    • ☆

    Dear Sir,

    Many many thanks indeed for your precise replies. I will stick to that.

    May god bless you Sir and OT team.

    September 16, 2016 at 9:51 am #340703
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23306
    • ☆☆☆☆☆

    Thank you and you’re welcome

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    Posts
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