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The kit answers are copy paste of what standards state as in the ifrs or the ias. The question is that is it required by the examiner for us to explain the standard like the kits or just explaining entirely on our own words will do? For both p7 and p2?
How do you think that you could possibly learn all those IASs, IFRSs and ISAs verbatim?
So wipe that idea out of your mind completely
The examiners are looking for an understanding and appreciation of what the standards prescribe and the application of that understanding to the various scenaria that you will face in these exams
Don’t even think about trying to remember standard titles nor numbers … that display of knowledge will earn you NO marks … it’s a complete waste of your time and effort
OK?
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