Kaplan
　　Q1:Group question on foreign subsidiary. Will contain a variety of non-grouptopics, too.
　　Ethics.
　　Revenuerecognition or leases – current issue.
　　Deferredtax.
　　Share-basedpayments.
　　Pensions.
　　BPP
　　PaperP2 (International Stream)
　　Section A
　　Thiswill be a 50 mark compulsory case study including preparation of a groupstatement of financial position and/or statement of profit of loss and othercomprehensive income or statement of cash flows which may include a foreignsubsidiary, discontinued activities, disposals and/or acquisitions. This willinclude other accounting complications such as financial instruments, pensions,share-based payment and impairments.
　　Therewill also be discursive requirements on a linked accounting adjustment andsocial/ethical/moral aspects of corporate reporting.
　　Section B
　　SectionB normally includes:
　　Q2& Q3: 2 case study questions: one a multi-part question covering a range oftopics or a theme such as deferred tax, foreign currency transactions,financial instruments, pensions, share-based payment, non-current assets(recognition and/or impairment of tangible and intangible assets), borrowingcosts, the effect of accounting treatments on earnings per share or ratios; theother an industry-based question (NB: no specific knowledge of the particularindustry is required) testing a range of standards such as accounting policiesand the framework, leases, grants, IFRS for SMEs, reorganisations, provisions,events after the reporting period and related parties.
　　Q4:a discussion question looking at current developments in corporate reportingand problems with existing standards, such as classification in profit or lossvs OCI (see exam team article), integrated reporting (see exam team article),revision of the conceptual framework, regulatory issues over adoption andconsistent application of IFRSs, implementation issues, revenue recognition,management commentary, application of the definition of control and significantinfluence (equity accounting), improvements in performance measurement. Willalso normally include a related computational part based on figures from a casestudy.
　　Oneof these questions can also include elements of group accounting, especially ifquestion 1 is a statement of cash flows question.
　　LSBF
　　Q1will be groups plus accounting and ethics as usual. Perhaps a positionstatement. But watch out for a cfs.
　　Q2and Q3 will be a mix of the usual suspects across the syllabus includingfinancial instruments, nca, groups, revenue and the rest. ? Q4’s current issuemay focus on integrated reporting or equity accounting or SPLOCI.