acca p2 introduction to the paper

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P2 Corporate Reporting An introduction What is P2 all about? A financial reporting paper testing understanding and judgement Analysing a situation and providing sensible solutions Requires application of knowledge P2 Corporate Reporting Syllabus areas A Professional ethics B Financial reporting framework C Reporting f inancial performance D Groups E Specialised entities F Changes in regulation G Appraisal of perf ormance & pos ition H Current developments P2 Exam format P2 is assessed by a three hour paper-based examination plus 15 minutes reading time. The examination consists of 1 compulsory 50 mark case study and a choice of 2 out of 3 scenarios worth 25 marks each Past exams have used roughly the following format, although the examiner reserves his right to play with this trend:- 1 | Page © Copyright LSBF

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