[Mubashir]

Congratulations 🙂

[Mubashir]

IFRS # 2 ,8 , and 9.
IAS 12

[Mubashir]

But that is P2 (INT)

[Mubashir]

Yes, I have uploaded that in the P2 FORUM

[Mubashir]

@Mohd Umair I wish I could help you but I am really sorry I cannot do that as I have never dealt with GLOBAL variant, it’s better for me to refuse than to give you a wrong guess. I hope you do well in the exam, best of luck

[Mubashir]

@ome480 You are welcome 🙂

[Mubashir]

@Shaima I personally think it will be enough if you prepare these topics quite very well, but I’d suggest you not to take this risk.

[Mubashir]

@awais They might have copied from mine, I NEVER COPY THOSE GUYS – CHECK OUT MY OTHER GUESSES

[Mubashir]

@rebecca410 @melissa @aaron. this guess is perfect, CONCENTRATE ON THESE TOPICS FIRST….then think about any other topic and do leave a feedback after exams

[Mubashir]

@Mohd Umair: This is ENGLISH VARIANT guess

[Mubashir]

I dont know how, but I do guarantee

[Mubashir]

You are welcome

[Mubashir]

You are welcome

[Mubashir]

Have some faith, wait and watch 😉

[Mubashir]

P1 EXAM FOCUSED

1. Control System
Importance of sound internal controls
Purpose and weakness of control system

2. Risk
Role of risk manager and risk committee
ALARP and market risk
Risk embeddedness in system and culture
Operational and strategic risk
Risk audit and report

3. Ethics
AAA model & Grey Owen and Adams social stances
Environmental audit

4. Governance
Agency problem and accountability
Governance of charities v/s company
Role of remuneration committee and reward package
Role of CEO
Two-Tier v/s unitary board
Content of induction program
Independence of Non Executive Director
Governance report

[Mubashir]

F9 EXAM FOCUSED

1. Working Capital Management
“Factoring” calculation
Explain the factors of Working Capital Management policy
Analyse the financing strategy of company
Explain the method of receivable management

2. Risk Management
Explain the Interest & Purchasing Power Parity Theories and predicting Exchange Rate
Calculation of Forward Contract and Money Market Hedge

3. Valuation of Business
Valuation of company under Price Earning Ratio and Dividend Growth Model in delaying payment
Calculate value of Convertible Debt.
Explain the Market Efficiency

4. Cost of Capital
Calculate WACC and Revised WACC
Explain WACC as discount rate in Investment Appraisal
Explain Systematic & Unsystematic Risk and relationship of Portfolio Theory

5. Business Finance
Examine Dividend Policy under Dividend Relevance and Irrelevance Theory
Measure the effect on Share Holder’s wealth and analyse the finance position of company
Explain the Debt & Equity as source of Finance

6. Investment Appraisal
Calculate NPV with Inflation & Tax
Explain Probability and Sensitivity
Explain problem and solution in Investment Appraisal for Asset with different replacement cycle and Capital Rationing

[Mubashir]

In F7 my guess was 80% exact

[Mubashir]

No, Have done it a lot of times, always more than 60% success

[Mubashir]

Past paper analysis, best of luck 🙂

[Mubashir]

F8 (INT) EXAM FOCUSED

1. Identify and explain Wages system weaknesses and recommendations to control them.
2. Going Concern and procedures on forecasted cash flow.
3. Identify and explain Audit Risk and response of Auditor.
4. Substantive procedures on receivables and revenue OR payables and purchase.
5. Internal v/s External Audit, advantages and disadvantages of outsourcing Internal Audit.
6. Explanation of Sampling methods.
7. Auditor responsibility for Fraud.
8. Importance of understanding the Entity/ Audit Plan.
9. Status of ISA.
10. Difference of Positive and Negative Assurance.
11. Elements of Control System.
12. Benefits of Audit Committee.
13. Elements of Engagement Letter.
14. Audit procedures for Accounting Estimates.
15. Interim v/s Final Audit.
16. Contents and benefits of Audit documents.
17. Confidentiality and its Exceptions.

[Mubashir]

F8 (INT) EXAM FOCUSED

1. Identify and explain Wages system weaknesses and recommendations to control them.
2. Going Concern and procedures on forecasted cash flow.
3. Identify and explain Audit Risk and response of Auditor.
4. Substantive procedures on receivables and revenue OR payables and purchase.
5. Internal v/s External Audit, advantages and disadvantages of outsourcing Internal Audit.
6. Explanation of Sampling methods.
7. Auditor responsibility for Fraud.
8. Importance of understanding the Entity/ Audit Plan.
9. Status of ISA.
10. Difference of Positive and Negative Assurance.
11. Elements of Control System.
12. Benefits of Audit Committee.
13. Elements of Engagement Letter.
14. Audit procedures for Accounting Estimates.
15. Interim v/s Final Audit.
16. Contents and benefits of Audit documents.
17. Confidentiality and its Exceptions.

[Mubashir]

F8 (INT) EXAM FOCUSED

1. Identify and explain Wages system weaknesses and recommendations to control them.
2. Going Concern and procedures on forecasted cash flow.
3. Identify and explain Audit Risk and response of Auditor.
4. Substantive procedures on receivables and revenue OR payables and purchase.
5. Internal v/s External Audit, advantages and disadvantages of outsourcing Internal Audit.
6. Explanation of Sampling methods.
7. Auditor responsibility for Fraud.
8. Importance of understanding the Entity/ Audit Plan.
9. Status of ISA.
10. Difference of Positive and Negative Assurance.
11. Elements of Control System.
12. Benefits of Audit Committee.
13. Elements of Engagement Letter.
14. Audit procedures for Accounting Estimates.
15. Interim v/s Final Audit.
16. Contents and benefits of Audit documents.
17. Confidentiality and its Exceptions.

[Mubashir]

F8 EXAM FOCUSED

1. Identify and explain Wages system weaknesses and recommendations to control them.
2. Going Concern and procedures on forecasted cash flow.
3. Identify and explain Audit Risk and response of Auditor.
4. Substantive procedures on receivables and revenue OR payables and purchase.
5. Internal v/s External Audit, advantages and disadvantages of outsourcing Internal Audit.
6. Explanation of Sampling methods.
7. Auditor responsibility for Fraud.
8. Importance of understanding the Entity/ Audit Plan.
9. Status of ISA.
10. Difference of Positive and Negative Assurance.
11. Elements of Control System.
12. Benefits of Audit Committee.
13. Elements of Engagement Letter.
14. Audit procedures for Accounting Estimates.
15. Interim v/s Final Audit.
16. Contents and benefits of Audit documents.
17. Confidentiality and its Exceptions.

[Mubashir]

F8 EXAM FOCUSED

1. Identify and explain Wages system weaknesses and recommendations to control them.
2. Going Concern and procedures on forecasted cash flow.
3. Identify and explain Audit Risk and response of Auditor.
4. Substantive procedures on receivables and revenue OR payables and purchase.
5. Internal v/s External Audit, advantages and disadvantages of outsourcing Internal Audit.
6. Explanation of Sampling methods.
7. Auditor responsibility for Fraud.
8. Importance of understanding the Entity/ Audit Plan.
9. Status of ISA.
10. Difference of Positive and Negative Assurance.
11. Elements of Control System.
12. Benefits of Audit Committee.
13. Elements of Engagement Letter.
14. Audit procedures for Accounting Estimates.
15. Interim v/s Final Audit.
16. Contents and benefits of Audit documents.
17. Confidentiality and its Exceptions.

[Author]

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