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I’ve got a problem, i’ve studied P2 from SKANS (Lahore, Pakistan) nd just came to know that they teach INT variant (its always INT here usually) but Im appearing for P2 UK, its my fault that i chose UK variant as i didnt knew earlier! Could anyone guide me on what extra do i need to study for UK variant, any major differences, where should i study from, i’ve got only 4 days!
Im appearing in P1 too this attempt, should i leave P2 nd focus on P1 as P1 exam is the day after P2 exam nd i have only 4 days left!!!Please reply soon! Thanks!=))
Don’t worry about it! The distinction is becoming less and less as the UK is converging more and more with international standards
The questions will be virtually identical as also will the answers.
i’ve compared some past papers, the only difference in UK variant is UK GAAP related questions!
can you guide me from where should i study or at least go through some notes for understanding UK GAAP!
Section A Q1 Part B is always on UK GAAP (8 Marks)I’m really sorry, but I’ve not looked at UK GAAP in more than 14 years!
Be realistic, you’re not going to unlearn IFRS and learn UK GAAP in just 4 days.
Give that idea up right now.
If you feel it absolutely necessary, write a note at the top of any answer where the question involves UK GAAP.
A very, very brief note!
You can also ask the invigilator if they have any INT exams left.. and maybe they will let you have P2INT exam – emailing your local ACCA office with your problem would not hurt either 🙂
Sorry i never replied to this, but what happened was i did appeared in UK variant without knowing any UK GAAP, luckily i pass @ 51!
i took around 2hrs to complete consolidation, part b of Q1 was on UK GAAP so left it, part c did it in like 10min!
so i attempted 42marks out of first 50marks!in Part B of paper i found almost all question were half about IFRS (i actually didnt knw most of the IFRS that were in this paper too lol) nd the other half UK GAAP, just tried to find any numerical part nd solved them, nd did explain a standard i dont remeber which one it was!!
So for anyone who is an idiot like me and did something like this, dont loose hope, just go and sit in exam, try to allocate more time on what you actually know, think hard nd try to do it right!!
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