P2 contents

‘which p2 topics can be assess (asked?) in March exam’ – any and all of them. There is invariably a question in P7 for which a sound recollection of P2 is most helpful. As for which topics are likely to appear … there’s no way that I’m getting back into question spotting – sorry

I suggest that you watch the video lectures on the P2 pages to refresh your memory

‘have that topic updated/ changed ( like audit report)’ – audit reports HAVE changed … for the international stream. For the UK stream you are required to have a knowledge of the updated / revised ISAs as a current issue topic.

The free P7 course notes HAVE been updated for the revised ISAs

‘what is the best way to prepare those topics.’ – READ, read and read again and again and again … and then read them all again!

Get hold of a revision kit from a reputable publisher and read it from cover to cover … at least once per week for the next 7 weeks to 20 February and then post again to ask for the next and final piece of exam preparation advice

‘so how Q1 should answer to get good score.’

From what I remember, question 1 in the UK stream is effectively the same question as question 1 in the International stream. Why not download question 1 from both streams and compare the two – just to see that they are the same question.

Then note the mark allocation in the international stream question and give yourself an idea of a typical mark allocation for that type of question

‘How uk and Int version make difference for practicing purpose in uk’

The ACCA rules at the present require you to have successfully attempted English Law (F4), UK Tax (F6), UK Corporate Reporting (P2) and UK Auditing (P7) if you wish to apply for an auditing and practicing certificate to practice an accounting / auditing career in the UK

This will likely change sometime in the future for P2 and P7 but F4 and F6 will probably not be changed

So, have you passed English Law and UK Tax?

Does that answer you?

Here’s the link to the list of examinable documents for P2.

The P7 examiner refers to this list as being indicative of the accounting examinable documents for P7

In addition the link shows the ‘additional examinable documents’ should you be attempting the UK variant (that is possibly not relevant for you)

OK?

There are continuously tinkerings going on with accounting (and auditing) standards

You would possibly be better focussing on recent articles and recent examiner’s reports rather than trying to identify where bits may have changed

Without wishing to be accused of question spotting, the list of examinable exposure drafts looks interesting – and don’t ask me which ones in particular … there are only 7 of them so looking at them all is not going to represent a major hole in your life