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No probs at first glance I thought the paper was ok but no amount of practice can prepare you for the real thing I found. Found it hard to string answers together and was also rushed on q5 even though I left the recommended time for it. Also found some of the accounting statements hard to understand especially the one with the 300 revalue upwards was badly worded or maybe it was just me. Was more like an accounting paper than an auditing paper but saying that p2 was easier ! Onwards and upwards tax Friday
q5 – think it was 3 marks for each accounting issue (3 x 3mrks) , 4 marks for the audit reoprt opinion and cant remember think part a was 7 marks regarding the long standing business relationship
As long as points are structured and relevant you will get marks 🙂 I only used some models to help me construct an answer otherwise I would have struggled but they were not necessary
I used it in q1 for the ethical decision bit to be honest if I hadn’t of used it think I would have struggled to structure an answer for it, just thought it’s an ethical decision making model so can’t go to far wrong.
Q1 was not too dissimilar to a mock exam provided by Kaplan with different questions. I used the AAA model in q1 for the decision on their choice of strategy and also mentioned truckers model. I commented that they were acting in a pristine capitalist manner. Found q2 and q4 ok also struggled to come up with the part you mentioned above but tried to write what I thought was relevant. Found it ok but I did have to stop and think about a few parts but hopefully enough done to pass