Sunday, September 28, 2008

ACCA Exam is coming soon

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

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