[faizi95]

Because Case had more facts on Audit partner than on Entity itself.

[faizi95]

i think focus was more on Individual on Audit partner

[faizi95]

Yes you could

[faizi95]

i thought about COSO 8 stage model but they were only 5marks which was very less for this model to be applied he said how they managed Business and Financial risk so associated with the TARA framework giving definitions of risks as well at the end.

[faizi95]

i guess i have written almost same as you … but at end i lost the track but feels good to hear wasnt that bad …that im thinking

[faizi95]

In Q4 i used TARA model in part C …did anyone used it as well for managing Business and financial risk.

[faizi95]

What about Q4 the first part was about embedding risk ….but i found b part to be difficult i identified risks properly and explained with reference to context but ALARP part was difficult i only wrote one part creating linkage to question other wise wrote general… i hope i atleast half marks for what i wrote ….

[faizi95]

Q2 overall was related to application of Professional Code of Ethics i think not Ethical Decision Making… Does anyone agree

[faizi95]

In Q2 i think he was asking about ethical threats to independence which more related to professional Code of Ethics

[faizi95]

Yes this is right

[faizi95]

thank you @Seagoat i undertstand your answer i just need experience thats all… but i meant to ask if an ACCA qualified will get fair Salary and is 30k not enough for one person as my main objective is to study in UK thats all job is just for sake of experience and for small expenses i guess still if we have got skill we can get jobs. and 30k is per year or per month i guess per year

[faizi95]

no i have not yet started studying f4 or paid to ACCA for it just planned and i now want to opt for P1 still do i have to pay extra for appearing in P1 and F4 is cbe now so we can give that exam any time later

[faizi95]

F3 is just fine for me not the best just Average.

[faizi95]

saffiyyah i did Q3 the same but i didnot use er’s relief that is my only mistake

[faizi95]

ohhhhh oka thanks i made a mistake i did add 40% but than did it with 325000

[faizi95]

Yes you are right anniebabe

[faizi95]

Q5 ISA was very easy

[faizi95]

but what i think is she had further gifted to her cousin or something i dnt know im confused

[faizi95]

anniebabe are you sure for Q5

[faizi95]

i didnot use 40% nil rate band bcoz i thin nil rate band can only be transfered for spouses
i took 325000 as it is

[faizi95]

anniebabe how did you do with IHT Q5

[faizi95]

i made a mistake with Q3 alternative 2

[faizi95]

its oka anniebabe it wont matter it may be worth of 2 marks adjustment

[faizi95]

i computed capital allowances first and thand deducted from trading profit no month apportionment was required for capital allowance as it didnot say any assets were owned by partners and the accounting period was 12months i think this was the case with Q1

[faizi95]

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