P2 INT study text 2013

... and circumstances Paper P2: Corporate Reporting (International) 86 © Emile Woolf Publishing Limited © Emile Woolf Publishing Limited 87 Paper P2 (INT) Corporate Reporting CHAPTER ... Investment property (IAS 40) 3 Intangible assets (IAS 38) 4 Impairment of assets (IAS 36) 5 Inventories (IAS 2) Paper P2: Corporate Reporting (International) 88 © Emile Woolf ... Consider the following examples. Paper P2: Corporate Reporting (International) vi © Emile Woolf Publishing Limited Rationale The syllabus for Paper P2, Corporate Reporting, assumes knowledge...

... the internal audit function B3, C4 4 Internal audit assignments B5 5 Internal audit reports B2, B3, G3 6 Outsourcing the internal audit function B4 Internal audit Introduction Internal ... doing so. 82 5: Internal audit ⏐ Part B Internal audit Study guide Intellectual levelB1 Internal audit and corporate governance (a) Discuss the factors to be taken into account when ... be examined. Syllabus and Study Guide The F8 syllabus and study guide can be found on the pages that follow. Part B Internal audit ⏐ 5: Internal audit 85 Internal audit External audit...

... remainder of the Study Text builds on the themes introduced in this chapter.4 1: Audit and other assurance engagements ~ Part A Audit framework and regulation Study guide Intellectual levelA1The ... to provide both internal and external audit services.x The cost of outsourcing the internal audit function might be high enough to make the directors choose not to have an internal audit function ... methodology (working papers/reviews) is maintained x Reviewing working papers on a sample basis to ensure they meet internal standards/guidelines x Agreeing internal audit work plans in advance...

... assets. Syllabus and Study Guide The F7 Int and F7 UK syllabi and study guides can be found below. 60 4: Non-current assets  F7 Financial reporting Study guide Intellectual levelC2 ... may require replacement at regular intervals. IAS 16 gives examples of a furnace which may require relining after a specified number of hours or aircraft interiors which may require replacement ... period, based on the depreciable amount, irrespective of a rise in value. Key terms Introduction ix F7 International 70 4: Non-current assets  F7 Financial reporting An entity is required...