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P2 & P7

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › P2 & P7

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • January 18, 2016 at 11:14 pm #296042
    Faz
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    Hi,

    I passed P3 & P5 today! (woohoo)

    That means I now only have 2 exams left – P2 plus 1 other option paper.. I’m thinking P7.

    How much of P2 knowledge is required for the P7 paper?

    I wanted to sit P7 in March but I’ve been advised that I need to really do P2 alongside P7 or before it. What are your views on this?

    I would ideally like to sit both exams by June latest….

    January 19, 2016 at 10:24 am #296217
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    “How much of P2 knowledge is required for the P7 paper?” I can see that it would be tricky to pass P7 without quite good knowledge of IASs and IFRSs

    Why not check out some recent P7 papers from ACCA website and judge for yourself?

    I can see advantages in taking both together – as you wade through P2 stuff you can break it up by continually asking yourself how these points could be brought in to an auditing answer

    Maybe leave both until June?

    Otherwise, P2 in March and P7 in June

    January 19, 2016 at 10:33 pm #296442
    Faz
    Member
    • Topics: 2
    • Replies: 5
    • ☆

    I don’t think I’ll be ready to attempt P2 in march. I’ll try both in June!. Thanks

    Would you recommend any specific sites to use which would help in learning the standards. I have already started going through study texts…

    January 20, 2016 at 10:05 am #296553
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    I find the Deloitte site IASPLUS to be very instructive

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