[ani0091]

Got the same paper as you!
Think on the 50 marker there was also 6 marks for centralised treasury too. Dividend calculation and I think something on funding the dividend?

I also chose the paper for paper option but that’s because I ran out of time to look at the combined offer.

In section b there was like 7 marks on a capital rationing directors comments

Do you remember what the other 7 marker was on section b? Othet than the npv and business val

[ani0091]

I think i had the same as you mariabe. Section B
A question what changes will be in Vat returns after stopping flat rate scheme
Small IHT comp with a bit about NRB RNRB
A sale of a gift of shares that had rollover relief
The other one i think was about more info we need to determine if its a FHL and one benefit of it being a FHL to the person
I think there was something on the reduction in tax after 28k personal pension contribution
Aftee tax proceeds of sometjing
Section a was refund hmrc repayment ethics, 10 marks on a temporary non resident, 5 mark on IHT, offsetting carried forward loss from 2021 in 2023 where theres been a change in ownership now in 2023.
Something to do with r&d costs

[ani0091]

I personally think this was harder than my december 2022 sitting

[ani0091]

Q’s i got from afternoon sitting
6 marks on controls and test of controls
10 marks control deficiencies and recommendation
4 marks narrative notes an questionnaire and advantage
risk bit:
16 marks audit risk
4 on ratios
4 or 5 on evidence for revaluation
5 or 6 on a question i not come across before- the reason why certain things might be used by auditors like past financial statements, budgets and plans and some other bits i cant remember?
the last q:
5 marks on audit evidence for a loan, 5 marks on sales tax evidence
5 for evidence on directors remuneration and 5 marks at the end for an audit opniony question

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