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Hello
I have my p2 paper on tuesday and realised last week i am registared to sit for the UK variant.
I called acca to try resolve this however they said there is no longer anything the can do. They said its only about 10% diffrence but still to me that could be the diffrence between pass and fail.
Is there any thing i can do???
Surly the must have spares on the day, and if so can i take it?
I saw 1 post for another exam that did say something along these lines posted by **starfish**
I also asked a friend to check if this was possible when she went in for her exam but the acca representative said no to her.
Therefore i am wondering who i should ask when i arrive for my exam.. is it the invidulators actually inside the exam halls or the acca reps outside???
please help, i have worked so hard for this exam and am scared it may be wasted… please please help if you can.
Thanks
I’m taking UK variant and panicked when I realised all the study books are based on International. Most of the FRS’s and IFRS’s have the same principals. You’re marked for relevant information not quoting FRS (or IFRS) numbers.
In Kaplan texts there is a little section at the back of most chapters entitled UK GAAP showing the differences between the two. (Where there isn’t a section there are no differences) I’m pressuming other texts will have similar info. I’ve also googled for FRS definitions.
My advice would be if you have to sit the UK variant that considering all the hard work you have already done, (you probably know a lot more than you think), take a deep breath, read the paper, don’t panic when you see FRS (they are usually given a name), apply what you know in a relevant manner.
I wish every bit of good luck to you – I know out of all papers so far this is one I don’t want to sit a second time!!! Best wishes
Hi, i have also made the same mistake and could not change to INT paper. But i am not worried as i have analysed past papers and it is generally just around 10marks and usually one question.
My advice would be if you have the Kaplan book, make notes of the differences for Nun-current Assets, Leases, Segmental Reporting, Employee Benefits, Tax, Related Parties, & SME’s. The question is very likely to ask about one of these based on the P2 UK Course notes.
So even if you only know the basic differences but cannot discuss it well you can still receive half of the marks available for stating the difference and trying to apply to scenario.
Please stop panicking! Good luck
hi ,! Don’t worry you can ask individualitors for INT-variant copy of exam paper. i had the same issue in my Dec 2010 exam but they provided me the INT variant exam paper in examination hall. Just talk to the incharge of examination hall.
i did the exact same only realised last week that i was sitting the uk paper panicked big time!
I rang the acca but they were unale to help, i noticed a few diffeences on answers and accounting differences on the q1 from 2010 back the way but i noticed that in 2011 the solutions for international and uk were identical.
I managed to speak a lecturer who told me that it is now ifrs used on the uk paper i also read this on an acca article from 2011, the lecturer advised me to pratice the international papers rather than the uk as there will only be a few marks in relation to differences which my understanding is theory.
Both the 2011 the papers uk and int ask and speak of ifrs and ias as opposed to frs like in prior years, in 2011 uk i think q1 contained a part asking to discuss the differenes between ssap 25 and ifrs 8, both the uk and int asked for full goodwill method which would suggest ifrs are now in use rather than uk gaap!
no one seems to be able to answer me prop thats my understanding and im goin with the advice of the lecturer and hoping not to fail as i hate this subject with a passion!!!!!!
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