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Please go for March. In Nigeria, that’s what we call AS E DEY HOT, meaning, “as it’s hot” because everything would still be fresh in your memory. Watch ACCA Pakistan’s Practice to Pass videos by Rizwan Maniya after you finished watching OT videos. Then practice a lot of exam questions.
Never give up. You are half-inch closer to passing it. Start preparation early so that you can practice many exam-standard questions. After you are done with your OT videos, look for Rizwan Maniya’s videos too and watch then start your revision afterwards.
All the best.
Brilliant students that I have interacted with said the exam was more tricky than Dec.2018 exams.
You may need to check the question again. What a student of mine said the question was about is ASSESSING THE NEED FOR AN EXPERT but not ASSESSING THE WORK OF AN EXPERT. The answer most students (would give) or gave (would be) or were based on ASSESSING THE WORK OF AN EXPERT.
Assessing the need for expert is trying to justify whether there’s need to expert and factors like: where there’s risk of material misstatement if the auditor does the work him/herself is one reason for an auditor to be in need of expert.
Another reason may be if there are other alternative sources of audit evidence, there wont be need for an expert.
How complex or significant the audit matter is would also determine whether there would be need for expert.
Most students would write things like competence, experience etc of the expert whereas this is quite different from what the examiner is asking.
@chullbulla
My lil advice: stay put; don’t change paper. Your learning curve starts all over again if you change paper. For APM, inbox me on donaldwhale@gmail.com for a few stuff that could make the difference you desire.To be fair, Q1 was too lengthy and tricky even though students dont know it’s tricky – but not that tough. Qs 2 & 3 are fairly ok for students who received better lectures or prepared well.
A lot of students who sat AAA are either not working or not working in audit firms. You need a mind and experience of audit engagement partner/audit manager to quickly finish the questions.
These are works auditors do for over a month in clients’ office – with lots of audit staff. But they give the whole stuff to ACCA student to finish under 3 hours.
I feel if business risks were tested in Q1, it would not have been messier the way it was in audit risk because audit risks dwell more on corporate reporting/accounting standards.
May be that’s why the examiner diluted Q1 with two other questions which are a bit ok.
Students should have started from Q2 and 3 and grab maximum points which is closer to 37 marks and then go on to scavenge for 20 marks in Q1.
