03-11-2009, 07:30 PM
No, you can not attempt P2 without passing F7. Similarly, you can not attempt P1 without passing F5. This is justified on the grounds that knowledge of F7 is inevitable for P2.
F7 is Financial Reporting which is an intermediate level paper, whereas, P2 is corporate reporting which is an advanced level paper. Without passing F7 you can not attempt P2 thats why ACCA conducts both papers on same day.
You can not attempt any paper of Professional Level "P-Series" without paying for all outstanding papers of Fundamentals Level "F-Series". For example, if you want to attempt P1 or P2 then you have to pay fees for all of the outstanding papers of Fundamentals Level even if you want to leave one.
F7 is Financial Reporting which is an intermediate level paper, whereas, P2 is corporate reporting which is an advanced level paper. Without passing F7 you can not attempt P2 thats why ACCA conducts both papers on same day.
You can not attempt any paper of Professional Level "P-Series" without paying for all outstanding papers of Fundamentals Level "F-Series". For example, if you want to attempt P1 or P2 then you have to pay fees for all of the outstanding papers of Fundamentals Level even if you want to leave one.