ACCA P1 Professional Accountant PA – Paper P1 (2008-2014)

The ACCA P2 paper covers Corporate Reporting. Our P2 courses encourage you to apply your knowledge and skills in the application and analysis of financial reporting principals.

If you are thinking of becoming a Registered Auditor, there are some requirements you need to fulfil in order to sit the P2 exam – please read our UK Audit Qualification Guidance and FAQs for more information.

Course of lectures to prepare for certification exams at the ACCA, which affects the key points offered on the exam objectives. Very useful course not only for the exams but for studying Finance, Economics, Business and Management.

The ACCA P2 paper covers Corporate Reporting. Our P2 courses encourage you to apply your knowledge and skills in the application and analysis of financial reporting principals.

Aim of the syllabus

The aim of the P2 syllabus is to enable you to apply your knowledge and skills, and exercise professional judgement, in the application and evaluation of financial reporting principles and practices within a range of business contexts and situations.
Topics covered

The professional and ethical duty of the accountant
The financial reporting framework
Advising and reporting on the financial performance of entities
Preparing financial statements of groups of entities in accordance with relevant accounting standards
Explaining report issues relating to specialised entities
Implications of changes in accounting regulation on financial reporting
The appraisal of financial performance and position of entities
Evaluating current developments

You will be examined on concepts, theories and principles and on your ability to question and comment on proposed accounting treatments. You’ll need to be able to evaluate alternative accounting practices and identify and prioritise issues. It’s also important to demonstrate professional and ethical judgement as well as technical knowledge when addressing corporate reporting issues. Global issues will be addressed through current issues questions on the paper.

Section A – Compulsory question – 50%. This will be scenario based and deal with the preparation of consolidated financial statements including group cash flow statements and with issues in financial reporting.

Section B – Two from three, 25 mark questions – 50%. Two questions will be scenario or case study based and one question will be an essay. Section B could deal with any aspects of the syllabus.

(The Examiner has indicated that if Section A includes a group cash flow statement, then it is likely that some knowledge of group accounting will be required in section B.)

Name Product: ACCA P2 – Corporate Reporting – Paper P2
Market price: £230
Author: ACCA
Size: 7.36 GB
Website:http://financial.kaplan.co.uk/TrainingandQuals/Accountancy/ACCA/acca-modules/Pages/acca-p2.aspx


FILETUT | RAPIDGATOR
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