P2：
BPP June 2012 ACCA Exam Tips
• Group SOFP and SPLOCI – discounted activities, acquisitions and disposals or a statement of cash flows.
• Non-current assets.
• IFRS for SMEs.
• Events after the reporting period.
• Fair values or improvements in performance measurement.
• Leasing – application part with some computations.
Kaplan Financial Important Topics for June12
• Consolidations.
• Financial instruments (IAS 39/IFRS 9) including hedge accounting.
• Employee benefits (IAS 19) – examinable for first time June 2012 in new format.
• Leases (IAS 17).
• Share-based payments (IFRS 2).
• Impairment of assets (IAS 36).
• Deferred tax (IAS 12).
• IFRS 1 first-time adoption.
• Topics issues – fair value, accounting for financial instruments and revenue recognition.
First Intuition June 2012 Hot Topics
• Q1 group question on disposals, piecemeal acquisitions.
• Ethics.
• Fair values – current issue.
• Deferred tax.
• Share based payments.
• Provisions.
LSBF Tips June 2012
Group income statement.
Deferred tax.
Financial instrument.
Joint arrangements.
Fair value.
SME.
P6：
First Intuition June 2012 Hot Topics
• Pension planning.
• Overseas property profits.
• Partnerships.
• Company purchase of own shares.
• CGT re-constructions/takeover.
• IHT for domiciliary and non-doms.
• Penalties for errors, late returns.
LSBF Tips June 2012
IHT with the death estate including BPR, APR and valuation rules.
Overseas aspects of corporation tax including controlled foreign companies.
Rules for personal service companies.
Remittance basis for taxing overseas income and capital gains.
Pensions, and the rules relating to ensuring that the amount invested in the pension plan give the taxpayer relief at the highest possible rate.
Self assessment for individuals, consequences of filing the tax return late and paying the balancing payment late.
Partial exemption for VAT, opting to tax a building, electronic filing of the VAT return, flat rate scheme and the capital goods scheme.
Ethics and tax evasion/tax avoidance.