CORPORATE REPORTING (P2) STUDY OVERVIEW

1

Module
Study
System
Session
Subjects to be covered
INTRODUCTORY
18
19
20
21

24

12
9
16
Group accounts Revision of the basics
Group accounts - Goodwill
Group accounts More complex groups
Group accounts Changes in shareholding
(disposals and piecemeal acquisitions)
IAS 21 The effects of changes in foreign
exchange rates
IAS 19 Employee Benefits
Financial Instruments
IFRS 2 Share-based Payments (if time)


MONITORING TEST 1 *(1 hours)
INTERMEDIATE
I

1
2
3
4
7
14

13
10
16
26
17
22
27
11
6
Introductory topics as above
GAAP and the IASB
International issues
Conceptual framework
Reporting financial performance
IAS 41 Agriculture
IAS 37 Provisions, contingent liabilities and
assets
IAS 12 Income taxes
IAS 17 Leases
IFRS 2 Share-based Transactions
IAS 7 Statement of Cash flows
Group accounts regulatory framework
IAS 28 Investments in associates
Analysis and interpretation
IFRS 8 Operating segments
Non-current assets

MONITORING TEST 2 *(1 hours)

CORPORATE REPORTING (P2) STUDY OVERVIEW
2

Module
Study
System
Session
Subjects to be covered
INTERMEDIATE
II
5

8
23
25
15
28
29
30
IAS 8 Accounting policies, changes in
accounting estimates and errors
IAS 36 Impairment of assets
IAS 31 Interests in joint ventures
The effect of changing prices
IAS 24 Related parties
IFRS 1 First-time adoption of IFRS
Ethics and the accountant
Environmental reporting
REVISION

The most critical areas of the syllabus will be
lectured concisely and exam standard questions
will be set on each area.
MOCK EXAMS (Two 3 hours)

* Please inform students that MT1 will predominantly relate to issues covered in the
introductory course but could also include areas from their P2.5/F7 studies.

Please inform students that MT 2 will include consolidation issues, which could include a
cash flow question, but will also cover issues that are related to home study, introductory
course and from their previous studies at P2.5/F7