3 papers

P1- Professional Accountant
--> Corporate Governance, Risk Management (Control System etc), Professional Values and Ethics (including CSR)

P2- Corporate Reporting
--> Group Consolidation (Basic Group, Complex Group, D-Shape, Changes in Group Structure, (FOREX) Foreign Operation Subsidiary/Parents/ Associate, Group Cash Flow)
--> Accounting Standards and Treatment including (ED) expose draf (IFRS, IAS).
These are Standards that are examinable, even if the effective date is in future:
*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: Event after reporting period
*IAS 12: Income Tax
*IAS 16: Property, Plant, Equipmet
*IAS 17: Leases
*IAS 18: Revenue Recognition
*IAS 19: Employeee Benefit
*IAS 20: Government Grant and Assistance
*IAS 21: The effects of changes in foreign exchange rate
*IAS 23: Borrowing Cost
*IAS 24: Related Party Disclosure
*IAS 27: Consolidated and Separate Financial Statements
*IAS 28: Investment in Associates
*IAS 31: Interest in Joint Ventures

*Financial Instrument:
IFRS 9: Financial Instruments
IAS 39: Recognition and Measurement
IAS 32: Presentation
IFRS 7: Disclosure

*IAS 33: Earnings Per Share
*IAS 34: Interim Financial Reporting
*IAS 36: Impairment of Assets
*IAS 37: Provisions, Contingent Liabilities and Assets
*IAS 38: Intangible Assets
*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 Discontinue Operation
*IFRS 8: Operating Segments
*IFRS: For Small and Medium Sized Entities

Exposure Drafts, Discussion Papers and Other Documents
- Simplifying earnings per share: Proposed Amendments to IAS 33
- Imorovement to IFRS 5
- Improved conceptual framework for financial reporting
- Fair Value Measurement
- Management Commentary
- Financial Instruments: Amortised Cost and Impairment
- Measurement of Liabilities in IAS 37
- Conceptual Framework: the reporting entity
- Defined Benefits Plans
- Fair value option for financial liabilities
- Presentation of items in other comprehensive income
- Leases
- Insurance Contracts
- Preliminary views on amendments to IAS 19 Employee Benefits


P3- Business Analysis
--> Business Strategy, Competitors and Customers, Stajkeholders, Business Process, Improving Process, E- Business and Project Management, Leadership, Performance and Reward, Managing Strategic Change (more to Management Accounting-without complicated, detailed computation of cost)

I hope this brief note on What is P1, P2 and P3 will help those who asked me regarding the subjects.