ACCA Exam Tips - Tips for ACCA P2 Corporate Reporting (INT) corporate, part, becoming, examples, involved

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Question 1

Consolidated Statement of Income with two subsidiaries - one part disposed but still a subsidiary, the other part disposed becoming an associate - both with goodwill involved. Q Base, Black and Zero but needs amendment to include the goodwill angle. !5 more marks for chat about environment and or corporate governance

Question 2

A "Various IFRS" question - Lots of examples in section B of the BPP revision kit

 

Question 3

Write a report to directors about the acceptability of some dubious proposed accounting treatments

 

Question 4

An essay question about the problems facing the IASB in their efforts to reach acceptable standards which can be applied World-wide