[Cho]

Anyone here sit in P6 MYS Mar2017 exam? Do you mind we dicuss together?

[Cho]

Hi All, Could someone tell me what is the incentives were questioned in question 1?
I have read the examiner article but i was so confused.
”The first part of this question required candidates, for six marks, to discuss the various tax incentives available to the business carried out by the company in question, under two possible ownership options. Candidates were then required in the second and third parts of the question to explain the treatment of unabsorbed losses, capital allowances and incentives under each option.” Please help me.

[Cho]

Regarding question 4,

I still remember for the first company, the paragraph talk about the increase in audit fee, the revised of materiality assessment

For the second company, i almost forgot, maybe probable something related to Intimidation and advocacy

For the third company, the paragraph talk about the client has ask the auditor to choose the suitable accounting system for them.

Anyone here can please help me update me the issues and threat to objectivity?

[Cho]

Is it Q5 Mar,2017 similar to the Q5 in Dec,2013? What is KAM?

[Author]

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