[abirla]

I agree with above post query.

I am also having this confusion. Why is the book answer C $7.8Mn?

It doesn’t include the amortisation for 6 months after Development costs are capitalised.

My answer is $8.28Mn.

Kindly help and confirm the correct answer.

[abirla]

no my answer does not get the same answer as in the back of the book.

[abirla]

Section A
Q1. Corporate Governance – 10M
Q2&3 i don’t remember

Section B
Q1. Relevance of Internal Controls (2M)
Internal Controls – Deficiency, Recommendation, TOC (18M)
Q2. Materiality and performance materiality (4M)
Audit risks and audit responses (16M)
Q3. Substantive procedures – Intangible Assets (5M)
Substantive procedures – Provision (4M)
Substantive procedures – Payables (6M)
Impact on Audit Report (5M)

[Author]

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