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Q1- Business risk 12 marks, ROMM 21 MARKS, Audit procedures 6 marks, Ethical issue 7 marks.
Q2 Forensic accounting ethical issue, matters to consider before accepting client. 8 marks
B) Audit procedures 9 marks
C) evaluation of internal control systems 8 marks
Q3 Part b was audit report and opinion 5 marks.
Part a -was a mixture of sale of subsidiary, no disclosure made by director.
Overseas subs reliance on local auditor and audit evidence on working papers.
Third subsidiary can’t remember right now.Time management was the key but unfortunately could not maintain this. Therefore end up with missing easy marks on section B.
ATX is one of the lengthy paper for ACCA to me. Had struggled a lot and failed many times but never give up.
At last passed this paper and regain the confidence !!!
Pass with 56%.Very happy coz last acca paper passed on 2013.
so after a long break good come back.@bassaniobroke
thanks for your prompt reply.
i got the answer.will u mind if i ask you more specifically?
for example ,i explain gross profit ,operating profit,net profit etc in part 2.
now if i analyse only gross profit and net profit in part 3 and exclude operating profit margin , is this acceptable?hi there
i have got a question regarding topic 8.i have explain all the ratios in part 2.but when i analyse ratios do i need to analyse all ratios what i explain in part 2 ?
if i analyse all the ratios in part 3 then i will be over the word limit.
i explained 10 ratios in part 2.so if i analyse at least 6 ratios is this ok?
it will be highly appreciated if anyone reply!!hi there i failed 2nd time on my RR. we used to do ratio analysis from co anual report.
most commonly student work out the % then explain this and also describe the possible impact
of such ratio.
is this the right way of analysing ratio? if i take all the information from co annual reports to analyse ratio then do i need to link this with any external commentary like analyst report?
i am really confused.1st time when i did ratio the marker didnt give me feedback specifically what he did after 2nd submission.
i have got only last attempt left.so i dont want to fail anymore.if anyone please help me i will really appreciate .
