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Hi,
I would like some clarification please just for me to be confident in my approach.
The only IFRS change from P2 2018 and SBR 2018 – 2019 is Financial Instruments?
Given that books will not be available at my country until February 2019, can I use the P2 text ended June 2018 to study for SBR given that the syllabus is almost the same except for Exposure Draft and Financial Instrument changes?
Will you please confirm that Group Accounting has remained the same except for the introduction of IFRS 12 for exams in 2019? I understand that we are required to do extracts but has the workings remained the same?
I did P2 in June 2018 and failed because I was I’ll before exams and would just like to know if I can use my P2 study material (with the exception of Financial Instruments which I have to update) together with an updated Revision Kit to prepare for SBR in March 2019.
Thank you in advance,
Sarah.Hi,
Given the changes to the exam then you definitely need the new revision kit as the exam style questions are different. The study text is not essential but is very useful, so if you can get a copy then I’d recommend it.
Group accounts is different in that complex groups are now no longer examinable, and the old workings used are still useful in helping you answer the questions.
If memory serves me right then you need to ensure that you are happy with the new leases standard too, IFRS 16.
Thanks
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