[francois988]

The question on Big data had so much to read, i lost time and could not complete that question at all

[francois988]

i got the ROI EVA etc.. version, i though tit was very tough to pass

[francois988]

Performance Management Report
ABC/BM
Q3 i forgot…

[francois988]

Q1 for me was Kaizen, JIT and 6 Sigma
Q2 EVA VBM
Q3 League tables – schools public sector

[francois988]

Failed on my second attempt

[francois988]

Hi Karina, i could not figure out how to forecast, there was no indication, there was only the current growth which was 3.8 and 3.9% so i used 4%.. no idea

[francois988]

i had a tech issue but was resolved, proctor said he could not see me, then i relaunched and he could then see me, otherwise paper seemed ok i did not attempt Q2 which was on costing something like that, Q3 was on Data silos and Balance Scorecard, and Q1 was on interpretation of performance report, and some probability with standard deviation
i could not figure out the BSC question it was a bit confusing to me
i have no idea what to expect

[francois988]

1 – 24 marks on significant material misstatement
6 marks – impairment procedures
8 marks – auditors responsibilities on AML and identify from scenario
8 marks – AML acceptance scenario what is bad and how improve
4 marks – prof

2 – Due diligence 16 marks on two scenario on intangible assets and info needed (I think) PLUS there were 3 finances, shar cap, bank loan and VC : what you want on file and why
9 marks on ethics

3 – 7 marks on new product costs capitalised , explain it and evidence expected
8 marks – provisions explain and evidence
5 marks – audit opinion on provisions not corrected
5 marks – you now found out he is selling company to VC what implications

[francois988]

yes material and pervasive would be adverse opinion

[francois988]

I could not get any Audit risk for some reason.. only revenue could be over/understated otherwise I could not find any, did any one get more Audit risks ? this was for 24 marks

[francois988]

i waited for 1.5 hrs ! there were 446 students waiting before me

[francois988]

Failed..again

[francois988]

Agree 100%, i also couls not get any analytical procedures, there was a p&l extract but there were so little lines that there were no ratios to be calculated, i even thought that there was a part missing on that page

[francois988]

very weird question paper I could not finish, not to say that I could not understand the question either

[francois988]

I mean finished the paper

[francois988]

Long paper
Anybody finished ?

[francois988]

First attempt Dec 2017 – 43%
second attempt March 2018 – 44%

[francois988]

his email is help me @gmail.com

LOL !

[francois988]

be grateful to yourself, not to God !

[francois988]

tic toc tic toc tic toc…….

[francois988]

i just checked the suggested answers… what a nightmare !!!

[francois988]

34 voters mentioned that P2 was easy – can you please share with us how you study ?

[francois988]

Sure Laura, i juse sent you with some Mock exams also 🙂

[francois988]

sorry i just saw your notes, i just sent to you and also a Mock exam that i have and some other stuff too

[francois988]

Yep you have a point, but wondering if examiner would not want to issue a hybrid
in this case we might see some kind of combination of what already appeared in March 🙂

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