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Hi
I am planning to sit for P 7 but have not yet sit for P 2. Would you or would not you recommend doing so ? I passed F 8 F for the 1 st attempt last year and this would require some extr efforts.
Thanks in advance.
It can certainly be done – P7 before P2 – you just need to make sure that your IAS / IFRS knowledge is up-to-date including some IAS / IFRS that you didn’t study for F7 (Employee Benefits for one!)
I suggest that extensive reading of past exam papers will give you a better idea of whether or not your accounting knowledge is sufficient
And, of course, there’s always the ASK ACCA Tutor forums to fall back on if you need any help or explanations
Hello Mike,
I have also planned to take P7 before P2 and once I have received the books it states there that assumed knowledge of P2 is needed. I have commented this with my colleague that has already finished ACCA couple years ago and she strongly recommended to take P2 before P7. She commented that in P2 basically we prepare the accounts and then in P7 we audit those accounts.
Thanks a lot for your help. EvaI have always recommended that P2 be passed before P7 is tackled
And my response to kelkar’s post at the top of this thread has emphasised that it’s necessary to be on top of IASs / IFRSs “you just need to make sure that your IAS / IFRS knowledge is up-to-date including some IAS / IFRS that you didn’t study for F7 (Employee Benefits for one!)”
It’s not impossible for a student to get a pass in P7 before having passed P2. It’s not the normal sequence to follow but nor is it unique
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