cpa p1 corporate reporting teaching plan (online) colm ... · pdf filepart 1: copar part 2:...

CPA P1 Corporate Reporting Teaching Plan (Online)

Colm Foley B.Comm, FCA, Msc. Accounting

1

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 1. Company

Accounts

Framework for the

Preparation & Presentation

of Financial Statements

Q3 (3) Aug 13

Q3 (3) 4/12

Q4 Aug 2012

-

2 1 1. Company

Accounts Substance Over

Form - Examples of

3 Specific

Transactions

- Q2 April 11 (Note 9)

– SOF

Homework 1: Q5

Question Bank

Simpkins - SOF

3 1 1. Company

Accounts

Alternatives to Historical

Cost Accounting

4 1 1. Company

Accounts

Faithful Representation

5 2 3. Group Accounts

and Business

Combinations

Consolidated Statement of

Financial Position –

Practice Question 1 and

refer class to Moodle for

Consolidation Notes –

CSOFP – Practice

Question 1



2

IFRS 10 Theory


and Business

Combinations

Consolidated Statement of

Financial Position –

Practice Question 2 (Workings Only)

CSOFP – Practice

Question 2

Homework 2: Complete CSOFP

Practice Question 2

–

7 2 1. Company

Accounts

IAS 1 – Presentation of

Financial Statements

Q3 (1) April 15 –

Q3 (8) Aug 11

8 2 1. Company

Accounts IFRS 15 – Revenue from

Contracts with Customers

Part 1: COPAR

Part 2: Performance

Obligations Satisfied Over

Time

Boyle – MOCCA – Performance Obligations Satisfied Over Time C Co –Performance Obligations Satisfied Over Time


and Business

Combinations

Go Through Solution to PQ 2 (CSOFP) –


and Business

Combinations

Overview CSOFP – PQ 3 –

Overview CSOFP – PQ 3 –

Homework 3: CSOFP – Practice Question 3- Homework 2

11 3 1. Company

Accounts

IAS 16 – Property, Plant &

Equipment

- Go Through IAS 16 Notes and Work

Homework 3: Q11 Dearing – Question



3

Through Cavern Example in Notes

- Q3 (6) April 2013 - Q2 Aug 2013 (note

(ii) and (iii) and do Extracts

- Q4 April 2011 (IAS 16 & IAS 40) –

Bank (IAS 16) – Homework 3


and Business

Combinations

- Go Through Summary of NCI Approaches for CSOFP

THEN DO ADAPTED CSOFP PQ3 FOR NCI VARIATION – Method 3

13 4 1. Company

Accounts

IAS 40 – Investment Property

Complete Victoria Q (Also transfers to and From Inv Property (Do Q3 (7) Aug 2013) Q3 (4) April 2013 (IAS 40 Good Q & Solution Q4 April 2011 – Part 4 Only

Homework 4 Q2 August 2013 – Note (iv) (IAS 40) Q5 April 2015 (A) (i) (ii) and (B) (i) – IAS 40 and IAS 16

5 Homework 5: Q1 (A) Aug 2010 –



4

Goodwill Attaching to NCI (Method 2) –

14 5 1. Company

Accounts

IAS 37 Q5 April 2014 – Q3 (5) April 2013 – IAS 37 Q2 August 2013 – Working (i) – IAS 37


and Business

Combinations

CSOFP with Associate

Q1 April 2013 (Illustrate how to Calculate figures for Associate) Q1 August 2012 – Do the Basic Associate Working

Additional Worked Examples

5 3. Group Accounts

and Business

Combinations

CSOFP – Worked Example Workings Only for Q1 April 2013 –

16 5 1. Company

Accounts

IAS 10 – Events after the Reporting Period

17 5 1. Company IAS 2 – Inventory -



5

Accounts

18 5 1. Company

Accounts

IAS 20 – Accounting for Government Grants and Disclosure of Government Assistance

19 6 1. Company Accounts

IAS 41 – Agriculture –


IFRS 1

21 6 3. Group Accounts Practice Question 1 - -



6

and Business Combinations

CSOPL

22 6 3. Group Accounts and Business Combinations

Overview the Homework Question – CSOPL – PQ 2 – Workings Only

Homework 6: CSOPL – PQ 2


IAS 23 – Borrowing Costs – - Q3 (7) Aug 2010 - IAS 23 – As per Lecture Notes

- Question Bank –

Q12 Apex - Q3 (4) April 2014


- IFRS 11 – Joint Arrangements –

- Q1 B April 2014


- IFRS 16 - LEASES Part 1 - Introduction ; Lease in Arrears Part 2 – Lease in Advance, Sale and Leaseback

Exam Question 1:

Bulwell – Lease in

Arrears

Exam Question 2: Lis –

Lease in Advance

Homework 7: Sundry Questions relating to IFRS 16

26 7 IAS 38 – Intangible Assets Q1 April 2011 (Point 3); Q2 April 2011



7

(8); Q3 (1) Aug 2013

27 7 IAS 12 – Current Tax Only Q3 (3) April 2015 Q2 Note 4 April 2011 –

Homework 7: Q3 (5) August 2012 –IAS 12 –

28 7 IAS 34 - Interim Financial Reporting–

Q3 (6) April 2014

29 7 IFRS 12 – Disclosure of Interests in Other Entities –

8 Homework 8: Pandar – Consolidated SOPL and Calculation of Goodwill

1.


IAS 36 – Impairment Sandown Question in Notes page 120 –

Q1 April 2013 (note viii) – Full Goodwill & Impairment Q1 April 2012 – Partial Goodwill & Impairment


IFRS 8 – Operating Segments

Q4 April 2014


IFRS 9 ( Highlight Jan

2012 Examiner Article and

my IFRS 9 notes

Q4 April 2012 – Good Question – IFRS 9 Note (v) Q2 Aug 2013

Homework 9: Q4 April 2015



8


IFRS 7 –


IAS 32 – Financial

Instruments: Presentation

Redeemable Pref Shares (IAS 32) & Omega & Sandown Pingway in Notes Q2 April 2011 note 11– Irredeemable Pref Shares & Redeemable


IAS 39: Financial

Instruments: Recognition

and Measurement

Issue Costs (See Q3(5) April 2012)

38 9 1.Company Accounts

IFRS 5 – Non Currents

Assets Held for Sale and

Discontinued Operations

GO THROUGH P1

EXAMINER ARTICLE

JANUARY 2013

April 2013 Q4–

Q3 (7) April 2015 –

10 MOCK EXAM MOCK EXAM

39 11 1.Company Accounts - IAS 33 – EPS (Basic Only)

Q5 (Aug 2012) – BEPS – Refer Class Overview Q3 (7) April 2013 –



9

40 11 1.Company Accounts - IAS 7 – Single Company Statement of Cashflows

-

Q2 April 2013

41 11 3. Group Accounts and Business Combinations

Consol Statement of

Cashflows:

- Sinjita/Armine Example - Sinjita & Lokys

- Work Through Q2

Aug 2014 with Class (and read Part B) –

42 12 1.Company Accounts IAS 8 – Also go through Derringdo Tutorial Quesiton – Excellent Question

Q2 (B) April 2012 Q5 Aug 2011 – IAS 8 – Good Question

43 12 1.Company Accounts IAS 21 – FX for a Single Company

45 (Friday)

13 1.Company Accounts IFRS 13 –

Q4 Aug 2013 (IFRS 13)

2.

47 (Friday/

13 3. Interpretation of Financial

Ratio Analysis

Q3 (2-4) August 2015



10

Saturday)

Statements Interpretation of Ratios Article Feb 2014 – Go Through

Q2 (b) August 2012 –

Saturday

REVISION CSOFP – Emphasis step by step approach - CSOCI – Exam

Approach

Q1 August 2015 - Q1 April 2012 - (a) & *(b) & (c)

(Go Through In Full) – My Solution to A is On Moodle under Week January 5 to January 11 – Read Part B with class and do Part C with class

Sunday REVISION CSOCF – Exam Approach SOCI & SOFP –

Q1 August 2011 (a) and (b) – Do out with Class Q2 April 2012 – Excellent Q –My Solution on Moodle



11

IN REVISION , GO THROUGH FEB 2016 EXAMINER ARTICLE ON IAS 38 REVISE Q5 August 2015 (IAS 8) : - Exam Day Techniques

under January 5 to January 11 – Take class through note (v) for Suspense…Working 11 in my Solution Q1 April 2008 (a) (b) (d) (Published Accounts Question From Draft FS as opposed to Trial Balance Q4 April 2010 – IAS 38 – handout and workthrough, Q3 (1) August 2013



12

Handout – Go Through Educator Briefing - Review - Mention About Proforma’s Given on Day of Exam for SOPL and SOCI

cpa p1 corporate reporting teaching plan (online) colm ... · pdf filepart 1: copar part 2:...

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