I had read the articles on Student Accountant Magazine. A few changes on terminologies in F2 and F3 Exam have been noted as follow:
Revised IAS 1 is examinable from the June 2008 exam session onwards.
balance sheet -> statement of financial position
cash flow statements -> statement of cash flows
From June 09 Exam onwards,
Income statements will renamed to statement of comprehensive income
Sunday, September 28, 2008
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