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June 2025 ACCA Exams

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daiem

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Active 1 year ago
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Viewing 3 posts - 1 through 3 (of 3 total)
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  • June 5, 2023 at 6:24 pm #686090
    0d68af48744ce21bb5f19230cbb65e81d1377bfbca7f5d9a90e1af01b7e6a1da 80daiem
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    • Replies: 3
    • ☆

    Question 1:
    (a) Significant Audit Risk (22 marks) – some risks include revenue, inventory returns, detection risk, assets held for sale, amortisation of accounting system, recognition of online sales, provisions
    (b) Audit procedures on inventory returns (8 marks)
    (c) Audit implications in terms of NOCLAR (10 marks)

    Question 2: Quality mngt, ethical and professional issues
    (i) (dont remember exactly) – 7 marks
    (ii) reliance on IT system, control deficiencies detected but not further audit procedures performed – 6 marks
    (iii) providing results of audit data analytics from audit client to audit firm and expection bonus payment ( not really sure if its right) – 7 marks

    Question 3
    (a)(i) sufficiency of audit evidence – the case talk above renegotiation to the bank to extend loan , sale of property but revaluation not up to date, finance director lack integrity – 7 marks
    (a)(ii) Audit procedures on issues leading to co. being going concern – 7 marks
    (b) criticize auditor report – MURGC paragraph not provided – 6 marks

    September 10, 2021 at 6:42 pm #635389
    0d68af48744ce21bb5f19230cbb65e81d1377bfbca7f5d9a90e1af01b7e6a1da 80daiem
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    • Replies: 3
    • ☆

    I think it was for 8 mrks
    Apv vs npv 6 mrks
    Discussion on estimates 6 mrks
    Estimate asset beta 7 mrks
    Ke kd and wacc 13 mrks
    Secutisation 6 mrks
    Professional mrks 4 mrks
    Can someone check if this is correct for Q1

    September 10, 2021 at 6:15 pm #635378
    0d68af48744ce21bb5f19230cbb65e81d1377bfbca7f5d9a90e1af01b7e6a1da 80daiem
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    • Topics: 0
    • Replies: 3
    • ☆

    Q1
    -Factors to consider for debt finance compare to equity finance
    -Estimate average asset betas
    -Estimate cost of debt, cost of equity and cost of capital
    -Justifies and i think advise on estimate calculated above
    -Apv vs npv
    _Secutisation of income i think
    Q2
    Hedging payment if interest increase to 4.4%
    -FRA, futures and options and recommendation
    FRA lower and options highest
    -Value at risk for Npv
    -Centralized treasury dept
    Q3
    -Calculate expected sales and
    Impact on FS and EPS
    -Comment on directors view not to improve liquidity and to keep NCA i think
    Feasibility of selling division and if co. Agree to it something like that

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Viewing 3 posts - 1 through 3 (of 3 total)

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