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Must sit P2 UK/IRL – requirement to practise as a registered auditor – UK/IRL (from Jun11)

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Must sit P2 UK/IRL – requirement to practise as a registered auditor – UK/IRL (from Jun11)

  • This topic has 0 replies, 1 voice, and was last updated 14 years ago by amanda7787.
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  • April 15, 2011 at 2:53 pm #48107
    amanda7787
    Member
    • Topics: 6
    • Replies: 29
    • ☆

    Came across to this:

    https://www.accaglobal.com/students/acca/exams/p2/

    P2 Corporate Reporting
    To apply knowledge, skills, and exercise professional judgement in the application and evaluation of financial reporting principles and practices in a range of business contexts and situations.

    Should you wish to practise as a registered auditor within the UK and/or Ireland (obtain the audit qualification/audit practising certificate), you must attempt the P2 UK/Irish and P7 UK/Irish papers from June 2011 onwards. This is not a retrospective ruling, so any International papers you have already passed will be unaffected by this ruling.

    A schedule of differences between study guide and examinable documents for the

    2010 P2 International paper to 2011 P2 UK/IRL paper
    2010 P2 UK/IRL paper to 2011 P2 UK/IRL paper
    can be found within the syllabus and study guide section for this paper

    All UK and Irish professional accountancy bodies are governed by the requirements of the Statutory Audit Directive (SAD). In order to comply with the requirements of SAD– and to practise as an auditor – certain elements of UK/Irish legislation and regulation should be examined. The revised Papers P2 (UK/IRL) and P7 (UK/IRL) fully meet regulatory and business environment requirements for those wishing to obtain the UK/Irish audit qualification and hence practise as a registered auditor in the UK/Ireland.

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