P2 Corporate Reporting

P2 Corporate Reporting(INT)(KAPLAN)

Group statement of financial position
Retirement benefits
Financial instruments
Non-current assets & assets held for sale
Deferred tax
Revenue recognition
Entity reconstructions
Conceptual framework / Fair Value Measurement
Management Commentary




P2 Corporate Reporting(INT) (BPP)


Q1: group SOFP and/or SOCI including discontinued activities, acquisitions and disposals or a statement of cash flows, plus adjustments on other syllabus areas such as financial instruments, pensions, share-based payment and impairments. Written part on a linked accounting adjustment and social/ethical/moral aspects of corporate reporting.

Q2 & Q3:2 case study questions, one following a theme such as non-current assets, deferred tax, foreign currency, financial instruments, pensions, share-based payment, the other an industry-based question testing a range of standards such as accounting policies and the framework, leases, grants, IFRS for SMEs, reorganisations, provisions, events after the reporting period and related parties.

Q4:discussion question e.g. revenue recognition, fair values, management commentary, improvements in performance measurement, leasing, including an application part with some computations.

P2 Corporate Reporting (ICOUNT)


· Consolidation Statement of Comprehensive Income (with complex groups)
· Consolidated Statement of Cashflow
· Accounting treatment for Pension / Share based payments.
· Current developments within IFRS'/IAS'
· Financial instruments at FVTPL and amortised cost.

P2 Corporate Reporting (FIRST INTUITION)

Q1 Group question on disposals, piecemeal acquisitions
Ethics
Revenue recognition – current issues
Deferred tax
Share based payments
Related parties