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Guy please send these notes to me also.
hassan.ahmed.89@live.comthanks to opentuition? 😛 how can anyone thanks to opentuition for P6 :p there is no resources for P6 in opentuition :P.
This was my fourth attempt and Alhamdulillah I have passed with 57 marks. You have to complete F8 KIT at least 2 times with past papers.You will pass next time. This was my first time I used Kit for F8 and I succeed.
I also wrote that this is a first year of audit of this company so the auditors have not enough understanding of the business. I saw this in previous attempt that’s why i wrote this :P.
5% to 10% of PBIT
0.5% to 1% of Revenue
1% to 2 % of Gross asset
These are benchmarks to find only materiality not pervasiveness.
And in easy word if the misstatement effect the whole Financial Statement then it will be pervasive.
I think I am right. Any other suggestions from someone else?5% to 10% of PBIT
0.5% to 1% of Revenue
1% to 2 % of Gross asset
These are benchmarks to find only materiality not pervasiveness.In a 15minutes reading time i only read 3 questions of F6.because i also have to understand the meanings.this is not a story book which everyone can easily understand.In queston papers we have to read also have to understand the hard words.without understanding how can i pass the exam.15minutes are not too much.15minutes reading time are too much for F4 types of subject but not for F6 and F5 the questions are lenghthy in F5 and F6 as compared with F4.
i am also facing the same problem.when i was in CAT i completed al numarical based papers in first attempt.and failed in T5 three time only because of english now in ACCA numerical based papers are not fully numerical i mean F5 F9 etc all these papers are 50% numerical and 50% theoretical.again i failed in F4 theoretical paper and F5.im very weak in English.i dont know what can i do 🙁 :S