P2 March 18 Exam — OpenTuition Forums

RRK8y ago

Hi all, Is 8 weeks enough time to prepare for the P2 exam. I work full time and will be studying roughly 15hrs a week. Any recommendations on how to study for the exam? I've just bought the up to date Kaplan complete learning kit. Also is there anywhere to get a summary of all the accounting standards? Thanks Roshan

RRK8y ago#1

Thanks for the advice. Think I might have to gamble on some of the topics. SOPL and OCI came in Dec and Cashflows in Sept so might skip the cashflows. Theres so many IAS's and IFRS's. Do recommend any ones to focus on or do you have a summary of all the standards? Kind Regards Roshan

BB8y ago#2

I wouldn't take a gamble on Cashflow not coming up this time. Think about it this way, they have 2 more sittings before the exam format changes and I think they will do Cashflow again once and SFP again once. I'm getting my P2 results on Monday and not looking forward to having to learn Cashflows if I failed.

SSens8y ago#3

@ddmoo said: I wouldn't take a gamble on Cashflow not coming up this time. Think about it this way, they have 2 more sittings before the exam format changes and I think they will do Cashflow again once and SFP again once. I'm getting my P2 results on Monday and not looking forward to having to learn Cashflows if I failed.

Good analysis & suggestion but I am putting effort more SFP . Will also touch SCF. How about Lease coming under Part 2

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