05-10-2008, 03:15 PM
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#1
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Administrator
Join Date: Apr 2008
Location: accahelp.com
Posts: 606
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FTC Exam Tips for P2 Corporate Reporting June 2008
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FTC Exam Tips for P2 Corporate Reporting June 2008
Tips include:
Q1
Foreign entity Statement of Financial Position /IS (Comprehensive income)/ Reconciliation or cashflow
Revision of IAS 1 / ethics
Q2/Q3
Mixed transactional- Financial instruments/ deferred tax/ actuarial gains and losses/ revaluation of assets/ forex gains/ losses
- Segmental reporting/related party transactions/revenue recognition
Q4- Current issue
- Harmonisation of accounting standards (IFRS and US)
NOTE: These exam tips should only be used in conjunction with proper studying. We cannot guarantee that these tips will appear in the actual exam as we have not seen the exam papers.
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