高頓小編為各位ACCA學(xué)員整理了科目重點(diǎn)知識點(diǎn)講解，希望大家查漏補(bǔ)缺，對考試有所幫助。
        Aim of P2 Corporate Reporting
　　To apply knowledge, skills and exercise professional judgement in the application and *uation of financial reporting principles and practices in a range of business contexts and situations.
　　Syllabus
　　Main capabilities
　　1. Discuss the professional and ethical duties of the accountantPart A REGULATORY AND ETHICAL FRAMEWORK
　　Financial reporting framework
　　- Corporate governance: is the system by which companies are directed and controlled (Cadbury Report).
　　- Conceptual framework
　　The IASB’s Framework provides the backbone of the IASB‘s conceptual framework. IASs were based on the IASB Framework.
　　A conceptual framework is a statement of generally accepted theoretical principles which form the frame of reference for financial reporting. These theoretical principles provide the basis for the development of new accounting standards and for the *uation of those already in existence.
　　. Advantages and disadvantages of a conceptual framework
　　. Generally Accepted Accounting Principles (GAAP)
　　A conceptual framework for financial reporting can be defined as an attempt to codify existing GAAP in order to reappraise current accounting standards and to produce new standards.
　　The IASB’s framework: consists of seven sections
　　- The objective of financial statements
　　- Underlying assumptions
　　- Qualitative characteristics of financial statements
　　- The elements of financial statements
　　- Recognition of the elements of financial statements
　　- Measurement of the elements of financial statements
　　- Concepts of capital and capital maintenance
　　(**)
　　Qualitative characteristics:
　　Fundamental qualitative characteristics are:
　　(a)Relevance: predictive value or confirmatory value
　　(b)Faithful representation: information must be complete, neutral and free from material error (replacing ‘reliability)
　　Enhancing qualitative characteristics are:
　　(a)Comparability: achieved by consistency in use of the same accounting policies
　　(b)Verifiability: credibility, assurance that information faithfully represents the economic phenomena
　　(c)Timeliness: information is provided before it loses the capacity to influence decisions
　　(d)Understandability: for users who have a reasonable knowledge of business and economic activities and who are able to read a financial report; information should not be excluded on the grounds that it may be too complex/difficult for some users to understand. Enhanced when information is classified, characterized and presented clearly and concisely.
　　2. Evaluate the financial reporting framework
　　3. Advise on and report the financial performance of entities
　　4. Prepare the financial statements of groups of entities in accordance with relevant accounting standards
　　5. Explain reporting issues relating to specialised entities
　　6. Discuss the implications of changes in accounting regulation on financial reporting
　　7. Appraise the financial performance and position of entities
　　8. Evaluate current development
　　Intellectual levels
　　The syllabus is designed to progressively broaden and deepen the
　　knowledge, skills and professional values demonstrated by the
　　students on their way through the qualification.
　　The specific capabilities within the detailed syllabuses and study
　　guide are assessed at one of three intellectual or cognitive levels:
　　LevelⅠ: Knowledge and comprehension
　　LevelⅡ: Application and analysis
　　LevelⅢ: Synthesis and *uation
　　Very broadly, these intellectual levels relate to the three cognitive
　　levels at which the Knowledge module, the Skills module and the
　　Professional level are assessed.
　　EXAM
　　Exam format – comprise two sections
　　Reading & planning time: 15 minutes
　　Section A – one compulsory case study　　　　　50 marks
　　SectionB–choice of 2 from 3 questions 2 x 25 = 50 marks
　　100 marks
　　Examiner: Graham Holt
　　Examinable Documents
　　The documents listed as being examinable are the latest that were issued prior to 30 th September 2010 and will be examinable in June and December 2011 examination sessions.
　　International Accounting Standards (IASs) / International Financial Reporting Standards (IFRSs)
　　IAS 1 Presentation of Financial Statements
　　IAS 2 Inventories
　　IAS 7 Statement of Cash Flows
　　IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors
　　IAS 10 Events after the Reporting Period
　　IAS 12 Income Taxes
　　IAS 16 Property, Plant and Equipment
　　IAS 17 Leases
　　IAS 18 Revenue
　　IAS 19 Employee Benefits
　　IAS 20 Accounting for Government Grants and Disclosure of
　　Government Assistance
　　IAS 21 The Effects of Changes in Foreign Exchange Rates
　　IAS 23 Borrowing Costs
　　IAS 24 Related Party Disclosures
　　IAS 27 Consolidated and Separate Financial Statements
　　IAS 28 Investments in Associates
　　IAS 31 Interests in Joint Ventures
　　IAS 32 Financial Instruments: Presentation
　　IAS 33 Earnings per Share
　　IAS 34 Interim Financial Reporting
　　IAS 36 Impairment of Assets
　　IAS 37 Provisions, Contingent Liabilities and Contingent Assets
　　IAS 38 Intangible Assets
　　IAS 39 Financial Instruments: Recognition and Measurement
　　IAS 40 Investment Property
　　IFRS 1 First-time Adoption of International Financial Reporting
　　Standards
　　IFRS 2 Share-based Payment
　　IFRS 3 Business Combinations
　　IFRS 5 Non-current Assets Held for Sale and Discontinued
　　Operations
　　IFRS 7 Financial Instruments: Disclosures
　　IFRS 8 Operating Segments
　　IFRS 9 Financial Instruments
　　IFRS For SMEs IFRS for small and medium sized entities
　　Other Statements
　　Framework for the Preparation and Presentation of Financial Statements
　　EDs, Discussion Papers and Other Documents
　　ED Simplifying earnings per share: Proposed amendments to
　　IAS 33
　　ED Improvements to IFRS 5
　　ED An improved conceptual framework for financial reporting.
　　Chapters 1 and 2
　　ED Fair value measurement
　　ED Management commentary
　　ED Financial instruments: amortised cost and impairment
　　ED Measurement of liabilities in IAS 37