[Grace]

Hi All,

If you genuinely do think the exam was too time pressured then you should give this feedback to ACCA.
I just called ACCA connect and they gave me this email address to send my feedback saying feedback is taken into
consideration….

The email address is students@accaglobal.com

Good luck!

[Grace]

I thought it was really time pressured!! I raced through question 4 and 5!

Does anyone remember what they said for the audit opinion in q5? I’m not sure if it should have been modified as it was
prepared as going concern…the new product will not be developed until next year and the bank is about to retract the loan?? Or would letters of rep from the bank and management…emphasis of matter and speaking at shareholders meeting be enough?

Q 2b was awful…did anyone else say extra info could include bank statements, employee contracts, contract with venture capitalists??

For B point 1 I said a provision for the cost of the maintenance may
Not be included….the revenue may have been recognised immediately without a corresponding provision.

What was going on in point 2 & 3? Competitors getting info?

I spent far to long on Q1!

[Author]

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