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P7 UK – Current Issue Question

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › P7 UK – Current Issue Question

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 26, 2016 at 10:50 am #351595
    Anirudh
    Participant
    • Topics: 27
    • Replies: 16
    • ☆

    Hi Dear Mike,

    I hope you’ll be fine.

    “Proposed new and Revised International Standards on Auditing, which includes the original proposals of the ISA 701 requirements, is examinable as a current issue”

    In what way the examiner could ask this issue? What I mean is how the question is going to be worded?

    Please illustrate with an example question! as this is very important for me to prepare for this topic for this coming December exam.

    Any tips to prepare for this topic?

    Many Thanks Sir

    November 26, 2016 at 2:05 pm #351646
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    “There has been much criticism concerning the structure, format and language of audit reports from the user community. Identify what steps the accountancy / auditing profession is taking to address that criticism”

    OK?

    But you’re asking me to question spot!

    Why not simply get on top of the proposed standard, thoroughly acquaint yourself with the two relevant articles that are facing the International students and be prepared for ANY question on the subject?

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    Posts
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