CPA P2 Advanced Corporate Reporting Teaching Plan (Online ......CPA P2 Advanced Corporate Reporting...
Transcript of CPA P2 Advanced Corporate Reporting Teaching Plan (Online ......CPA P2 Advanced Corporate Reporting...
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Topic No. Lecture Chapter Ref
Syllabus Topic Details A Questions in Class Questions for Homework
Intro 1 - Exam Day
Techniques
Intro 1 - Syllabus
1 1 4. International
Financial
Reporting
IAS 16 - PPE Q (A) April 2014 :
Note 8 (IAS 16)
2 1 4. International
Financial
Reporting
IAS 40 – Investment Properties
Q (a) Issue 5 April
2013 – IAS 40
Homework 1: Q1 Aug
2011 (Issue 4 & 6) – ias
16/ias 40 –
3 1 4. International
Financial
Reporting
IAS 23 –
Borrowing Costs
Q (A) April 2014:
Note 9 (IAS 23)
4 2 4. International
Financial
Reporting
IFRS 16 Part 1 - Intro ; Lease in Arrears Part 2 – Lease in Advance, Sale and Leaseback Part 3 – Sum of the Digits ; Lessor Accounting
Exam Question 1:
Bulwell – Lease in
Arrears
Exam Question 2: Lis
– Lease in Advance
Homework 2: Sundry Questions on
IFRS 16
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
5 2 4. International
Financial
Reporting
IAS 36 –
Impairment of
Assets
Sandown from
Lecture Notes
Example on CGU
from Lecture
Notes – Page 212
Wilderness Q
from Lecture
Notes – CGU only
Aug 2012 (Qa Issue 3)
– Good Question –
Q1 April 2009 Note 10
– Reversal of Imp Loss
– Refer Class to This
and Put on Exam
Paper on Moodle
Homework 2: Q (a)
Issue 4 April 2013 –
IAS 36
6 2 4. International
Financial
Reporting
IAS 38 – Intangible Assets
April 2014 – a (ii)
Development
Inventories – IAS 38 –
7 2 4. International
Financial
Reporting
– IAS 2 Inventory Work through Issue 6
Aug 2012
8 3 4. International
Financial
Reporting
IAS 12 – Income
Tax
Work Through Notes,
Do New Tutorial Question based on Note 10 P2 ACR
Homework 3: - Page 203 – Issue 6 Case Studies in Advanced Financial Reporting Kearney – IAS 12
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
April 2010
9 3 4. International
Financial
Reporting
IAS 20 –
Government
Grants
Q2 4/11 Note 3 P1 as set out in Tutor Notes Q1 Aug 11 (Note 5) Make use of the Manual ;
10 3 4. International
Financial
Reporting
IAS 24 – Related
Parties
Q2 (B) Issue 2 April 2012 – Read Through
Q(B) (iii) Aug 2013 - Read Through
Egin Group Q&A- Class to review the Question themselves
11 3 4. International
Financial
Reporting
IAS 10 –
Events After
the Reporting
Period
Gabreilla Enterprises Q&A Read Through;
Ryder Q&A (Part a – Good Question )
12 4 4. International IAS 19 - Pg 129/130 of Homework 4:April 2013
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Financial
Reporting
Employee
Benefits;
Go Through Notes
then PEQ’s
Case Studies Book (Also it is the Tutorial Q in my Notes)
Do in Class Q3 Aug 2011 – Do Part (a) with class and read part (b).
.
Issue 1 Aug 2013 – Enhancement of Scheme Benefits (Past Service Cost)
Q (a) Issue 9 –IAS 19 – Excellent Question
13 4 4. International
Financial
Reporting
IFRS 11 - IFRS
11 - Joint
Arrangements –
Notes then PEQ’s
Q a April 2013
14 4 4. International
Financial
Reporting
IFRS 15 – Revenue from Contracts with Customers
Part 1: COPAR
Part 2: Performance
Obligations Satisfied
Over Time
Homework 4: Tiger – IFRS 15
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Boyle – MOCCA – Performance Obligations Satisfied Over Time C Co –Performance Obligations Satisfied Over Time
15 4 4. International
Financial
Reporting
IAS 34 Home Study
16 5 3. Preparation of
Financial
Statements
(including
Consolidated
Financial
Statements)
CSOFP AND CSOPLOCI Refresher Question
Go Through Hydan - Complete Answer on Excel and Save to Moodle. (F7 CSOFP & CIS Q)
Homework 5: Q2 (B) April 2012 Issue 1 - IAS 36
Homework 5:Premier CSOFP & CSOPL (ACCA F7 Dec 2010 Q1)
17 5 3. Preparation of
Financial
Statements
(including
Consolidated
Financial
Statements)
Use April 2014 Note 2 and 6 to revise an Associate in both CSOFP and CSOPL
April 2014 Note 2 and 6 to revise an Associate in both CSOFP and CSOPL
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
18 5 4. International
Financial
Reporting
IAS 21 –Groups Foreign Exchange – Part 1
Lecture Notes – IAS 21 – Single Company
Homework 5: Issue 5 April 2014 - IAS 21 FX
6 3. Preparation of
Financial
Statements
(including
Consolidated
Financial
Statements)
IAS 21 - Groups
Foreign Exchange – Part 2
Practice Question 1
IAS 21 – PQ 2 Standard/Odense Question –
- Homework 6: Get Class to Calculate Goodwill for Major and Translate the SOFP of Major– Q1 August 2013 –
19 6 4. International Financial Reporting
IAS 41 – Agriculture
Home Study
20 7 4. International Financial
IFRS 2 - Share Based Payments
Homework 7: Q2 June 2012 (ACCA P2) – All Parts
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Reporting – IFRS 15/16, IAS 19, IFRS 2, IAS 37 –
21 7 4. International Financial Reporting
IFRS 1 – P1 CR - Q3 (6) April 12 – Write Out Question With Class
22 7 4. International Financial Reporting
IAS 1 - Read Through
“Whats in a Name?” July 2014 article
24 8 4. International Financial Reporting
IFRS 8 – Go Through Notes and Article – ARTICLE ON CPA Website! (
P1 CR – Q4 April 2014
25 8 4. International Financial Reporting
IFRS 12 Disclosure of Interests in Other Entities– Refer Students to Textbook Pg 550/551 – Connolly 4th Edition
26 8 4. International Financial Reporting
IFRS 13 – Notes, Article (Chartered 2011 and PQ Article October 2014) & Refer class to “Ilustrative Examples “ on
Q (c) August 2012 (IFRS 13)– Read with Class Q (c) (ii) April 2015 – Read with Class
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Moodle – Q4 August 2013 – P1 CR – IFRS 13 – Work Through With Class Refer class to ACCA P2 Q4 Dec 2012 - Place on Moodle
9 Go Through Educator Briefing
27 9 4. International Financial Reporting
IFRS 9 (
Highlight Jan
2012 P1 Examiner
Article and my
IFRS 9 notes
Tutorial Q: Case Studies in Advanced Financial Reporting 6. Howard Retail Group – Issue (5) –IFRS 9
Q1 April 2013 issue 3 (Good Question) – IFRS 9 – Redeemable Pref Shares as an Asset Issue 8 April 2015 – Financial Liability at Amortised Cost
28 9 4. International Financial Reporting
IFRS 7 –
Home Study - Page 525 of
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Connolly
29 9 4. International Financial Reporting
IAS 32 –
Financial
Instruments:
Presentation
Q1 August 2012 – Issue 4 - IAS 32 – Redeemable Pref Shares as a Liability –
30 9 4. International Financial Reporting
IAS 39: Financial
Instruments:
Recognition and
Measurement –
10 MOCK EXAM MOCK EXAM
31 11 4. International Financial Reporting
Statements of Cashflow – Single Company – Highlight Direct Method –Riddle Ltd – Page 349 of My Notes
Q1 April 2012 (SOCF
– Single Company )
32 11 3. Preparation of
Financial
Statements
(including
Consolidated
Financial
- Go Through
Sintija
Example with
Class (Page
360 of Notes)
and Go
- Work Through P1 CR Q2 Aug 2014 (Consol) with Class (and read Part B) –
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Statements) Through Autis
Group Page
371 of Notes)
–
-
33 12 4. International Financial Reporting
IAS 37 Provisions (IAS 37) – Overview the Notes then Past Exam Questions – Legal Requirement to Fit Smoke Filters refer group to Page 293 of notes)!!--
Q (A) April 2014 - Issue 7 Q1 Aug 2011 – Issue 1 & 2 – Good Questions Issue 8 April 2013
34A 12 4. International Financial Reporting
IAS 33 - Basic EPS &– -
Q5 (Aug 2012) P1 CR – BEPS – Refer Class Overview Q3 (7) April 2013 P1 CR –
34B 12 4. International Financial Reporting
IAS 33 - Diluted EPS – Go Through Notes do Diluted EPS and go through Fort
Barstead F7 Question – Read Solution to (A) – Page 393 of Tutor Manual
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Co. Example - Refer class to
Basic EPS & Diluted EPS example - Page 390 of P2 Tutor Manual (Good Question)
-
Friday (Revision)
Go Through April 2015 Paper in Class On Saturday Morning – Continue from Note 7 Educator Briefing & Dec 2012 Martin Kelly Approach to Case Study Article (Already On Moodle!! – – OnePage Sumary Sheets on the Front of the
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Accounting Std’s/ Index/Numbered Dividers
Exam Day Techniques – Handout (It is Already on Moodle)
35 (Saturday Afternoon)
4. International Financial Reporting
IFRS 5 (Continuing & Discontinued Ops)
IFRS 5 – reporting
Financial
Performance -
NEW P1
EXAMINER
ARTICLE
2012/2013 –
Excellent Article
(Use it)
P1 CR – Q4 April 2013 – IFRS 5 –
36 (Saturday
3. Preparation of
Financial
Groups – Disposal of
Westmeath/Longford Example and Page 51
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Afternoon) Statements
(including
Consolidated
Financial
Statements)
Subsidary/Associate – Overview the Notes – Then Questions
of My Notes - Q1 April 2010 –
Disposal of Associate – note 3
- P1 Example
Red/Green – page 51 of my manual
(Saturday Afternoon)
4. International Financial Reporting
Just Go through the Examiner Article (Notes Covered in Topic 5) - IAS 36 - Impairment Article by P2 Examiner
Q1 April 2012 (b) Issue 1 –
(Saturday Afternoon)
4. International Financial Reporting
IAS 18 (Covered in Topic 14) - Revenue Recognition - Go Through
JAN 2014 CPA Article – Already On Moodle (Topic 14)
Also handout only “All Change for Revenue
Do Issue D August 2013 – Based on Example 5 of IAS 18 Examiner Article
Q2 Aug 2011 IAS 18 – Q4 Aug 2014 – Current
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Accounting” and “Revenue from Contracts with Customers” (IFRS 15)
Weaknesses in IAS 18 (Refer to Page 6 of Examiner Feb 2014 IAS 18 Article)
37 (Saturday Afternoon)
2. LOCAL GAAP FRS 100 – 102 – Go Through In Class - FRS 100 - FRS 101 - FRS 102 Refer as well to Educator Briefing
- Q C) April 2015
38 (Sunday)
4. International Financial Reporting –
(Current Issues) Current Issue – Jan 2016 Weblink for New Standard on Leasing (Go Through With Class) –See Article Covered on in Topic 4
(ICAI article Aug
2013 and refer to
the Other Articles) Integrated Reporting Article
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
(Go Through With Class – Mentioned in Educator Briefing for 2015_2016) – PQ – Martin Jones – January 2014; Chartered Article Feb 2014 Social & Environmental Issues, - Sustainability Reporting – Go Through With Class) Corporate Social Responsibility
Social & Environmental Issues - Read Q © April 2013 with class
Q2 April 2011 - CSR
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Fair Value (self Study!!)(Already Covered - Refer to Topic 26) IFRS FOR Small & Medium Sized Entities (SELF STUDY!!)–Handout; ACCA Article & March 2012 Robert Kirk Article Conceptual Framework (SELF STUDY) – On Moodle - ACCA Article - Comments on
Exposure Draft from BPP P2 ACR Manual
- 2012 Webinar
on Conceptual Framework by Robert Kirk
-
See Q1 (C August 2012 – As covered in Topic 26
Q3 April 2012 – Read Through
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
Miscellaneous Technical Statements On Moodle (Under Section 4 ) Practice Statement – Management Commentary (SELF STUDY!!) – Strategic Report
39 (Sunday)
4. International Financial Reporting
Refer Class to Ethics Material in Manual See Summary on Page 7 - CPA Code of
Ethics – Check out CPA Website – Typical Exam Q is putting the Accountant in a Company in difficult situation (intimadting
- Q (d) Aug 2014 – what can the Accountant do? Who can they escalate the issues with? Whistle Blow??
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
boss who wont accept IFRS see Q (d) Aug 2014 – what can the Accountant do? Who can they escalate the issues with? Whistle Blow??
40 5. Analysis, Interpretation and Evaluation of Financial Statements
- Mention Ratios and the 3 elements to Interpretation: Improve/Disimprove; Reason, Actions to Rectify and Strip out one off Items so as to assess true underlying performance
- Examiner Article - Feb
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CPA P2 Advanced Corporate Reporting Teaching Plan (Online)
Colm Foley B.Comm, ACA, Msc. Accounting
2016 (Approach to Consolidation!! – Great Article)