P2 (Int) or P2 (UK)

Hi. i have a similar issue. I have selected UK version but looking for an excuse to change it to INT, as I find it confusing and I think INT easier.
I have emailed to ACCA for advice and thats what i got:

When choosing your variant for an exam it is best to ask where you plan to use your qualification.

If you are planning on remaining in the UK the best choice would be to complete the UK variant. However, if you plan to travel to another country to use your qualification it would be best advised that you take the International variant. This decision is completely yours though.

I am pleased to confirm that you can now make changes to your exam entry online through myACCA.

Please log in to your myACCA account from our website using your user-id (your ACCA registration number) and your passcode. If you have forgotten your passcode, please follow the on-screen instructions to request your passcode by email.

Once you are logged in to myACCA, select ‘Exam Entry’ on the left hand side navigation bar. On the next page displayed you will see your original exam entry. Below this is an option to amend your entry.

Any changes that incur additional fees must be paid for online.

Amendments to exam entries can be made until midnight on the standard exam entry closing date: 8th October for December session and 8th April for June session.

Kesha – I don’t think your contribution is in any way addressing the problem cited by Anirudh!

Anirudh, the point about the quote that you have given is that there is a slight difference in accounting treatment (and in law) between the UKGAAP and IFRS and, until that difference is eventually eliminated, if it is your intention to apply for a UK practicing certificate, then it is essential that you opt for UK variants

There will, I predict, come a time in the near future when UKGAAP is in line with IFRS and this requirement will be removed.

If you have no intention of applying for a UK practicing certificate, then it makes no difference which variant you select

Ok?

Apart from the fact that my tablet insists on correcting “practising” into “practicing” there really is no difference. To be able to hold a UK registered auditor certificate allowing you to practice you need to qualify according to UK standards

It’s just that bit more pedantic and time consuming to keep referring to it as a Practising Certificate and Audit Qualification

OK?

Without doubt, if you have no intention of leaving UK, if you have ambitions to practice in th UK, then there is no question!

Select UK option!

You’re welcome

I can’t see where you get the idea that you could have your own practice!

Do I see it happening soon? Probably within the next 10 years but it could be sooner. And those time periods are mere guesses – I have no grounds for claiming any degree of accuracy. 🙁

The differences are so minor that I can’t imagine that you would bother! If you try the question and apply IFRS and then check the answer to the UKGAAP suggested solution, you’ll soon see the differences.

Yet again, I find that I’m apologising for not being up to date with UK GAAP but it’s 14 years since I emigrated from the UK – sorry

No! If you want to practice, then you need to pass P2 UK

There are still slight differences between UK GAAP and IFRS and it’s those differences that are stopping you from being a registered auditor in the UK

Ok

Hi,

You should really start this post on a new thread, however to answer it here, yes you can use them but you will need to ensure that you look at the separate link on the P2 section that looks at the differences between UK GAAP and IFRS.

Thanks