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October 4, 2014 at 12:13 pm
What are the techniques in passing this paper? Please let me know.
October 4, 2014 at 4:30 pm
My two prime pieces of advice are:
(1) Practise questions. Even with the new format exam where there are 20 marks for multiple choice questions, most of the marks are for scenario type questions where you have to respond to the information given and, for example, identify internal control weaknesses in the system described, devise audit tests, decide on an appropriate audit report etc.
(2) Write you answers in sufficient detail. For example something like “Check despatches” means nothing. You have to really describe what you mean such as:
“For a sample of despatch notes trace to customers’ orders to verify that only ordered goods have been despatched”
“For a sample of despatch notes trace to invoices debited to customers’ accounts to verify that despatches have been invoiced and accounted for completely”.
You have to write in enough detail that an unskilled person would understand what you mean.
December 5, 2013 at 2:55 pm
Just a small note to say thank you so much. Your brilliant lectures helped to get through this. I will most certainly pass. Your name dosent come up but you and Mr Moffat are two gems. thank you open tuition.
April 8, 2014 at 7:59 am
Can’t agree more! You’re forgetting Mr. Mike! But giving credit where’s due, this lecture was totally awesome!
September 7, 2013 at 5:26 pm
Hey! I really wonder! I work in an audit firm, in every audit we perform, it is us who draft the FS for the client, it is not just our firm that does that, ALL audit firms where I live does that, it is the normal thing as a part of the audit, we do the audit using the TB and then we prepare the FS for the client after the audit is done, yet it is the client who is supposed to prepare the FS BEFORE we even arrive, isn’t it?
Is this compromising our independence? Is this considered self-review? I really wonder!!
August 12, 2013 at 8:40 am
I cant play it says error
August 12, 2013 at 10:55 am
Please visit the support page: http://opentuition.com/support/
July 20, 2013 at 10:31 am
thank u very much
Aniqa Nisar says
December 3, 2012 at 7:06 am
the lectures are really helpfull but they are not working properly on android. they play for a while and then stop. wouldve been nice if i was able to watch these on the go.
December 3, 2012 at 7:21 am
Your connection maybe too slow / interrupted on the go
December 3, 2012 at 3:56 pm
@admin, nope, its working fine with windows, with the same connection, not with android though. n its not just me, a few other friends are facing the same problem. they’r not working on android enabled smartphones or tablets. 🙁
December 3, 2012 at 5:47 pm
download flash for your android phone
December 3, 2012 at 6:13 pm
@admin, its already there. just uninstalled the updates and updated it again! its working fine now! thanks! 🙂
December 3, 2012 at 6:36 pm
don’t thank me 😉 you did all the work 🙂
October 11, 2012 at 1:10 pm
i want to pass this paper
October 27, 2012 at 11:24 am
@taftedmelody… and PASS it, you will
July 18, 2013 at 7:43 pm
wao lovely lecture
September 27, 2012 at 9:25 pm
Sorry, I dont get contingent fees, what does qualify mean?
September 4, 2012 at 5:30 pm
pls someone should explain me what it means (Low-balling).
September 5, 2012 at 10:40 am
@square22, low-balling is submitting a tender for an audit assignment at a ridiculously low price – hoping to attract clients from whom the firm can then gain “fees for non-audit services” as well as continuing audit fees. Often the low-balled quote will be applicable for only the first year
January 11, 2013 at 5:11 pm
please tell me firms name which use low balling
May 7, 2012 at 3:25 pm
I had previously had issues with viewing the videos, getting a ‘server not found’ error. I ran command prompt as advised and it played for a while but now I’m getting the same message again. Is this supposed to be a repetitive problem?? Kudos to opentuition and thanks so much.
May 7, 2012 at 5:07 pm
it might be just a temporary glitch.. hopefully!
July 20, 2013 at 10:38 am
it is the connection problem. i think ur network is weak, check that part.
March 19, 2012 at 9:52 am
why do my videos keep pausing every now and then?
March 19, 2012 at 10:38 am
your internet connection is the reason
March 10, 2012 at 9:09 pm
February 28, 2012 at 6:39 pm
Can anybody tell me why i’m not being able to view the presentation?
February 28, 2012 at 9:39 pm
@bjohn24, Please visit the support page: http://opentuition.com/support/
this lecture should work on pc/ iPads and mobiles (should and is working)
February 14, 2012 at 11:07 pm
very good work by opentuition
February 14, 2012 at 1:28 pm
yeah! he is such a good teacher! he actuallyy teaches here u kno…
September 5, 2012 at 11:13 am
@donbetrand, Where’s here?
December 8, 2011 at 1:32 pm
I could not get the point ”High Percentage Fees”. Can anybody pls explain me that point!!!
March 5, 2012 at 4:13 pm
@bahardcc, Basically If your getting all your money one client, your going to do everything in your power to keep them happy and make sure you get paid, thus losing your integrity and independence . If the client is only say 5% of your turnover, your more likey stay independent and tell them they are doing something wrong and refuse to sign their accounts off as a true and fair repesentation of the company.
November 5, 2011 at 4:57 pm
Like the way the lecturer expands on the slides with real world situations and examples. Makes the content much easier to recall.
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