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Q5 was ethics and audit report. I missed out the part about governance as i didn’t have time to answer. For the ethics i said advice can be given to recruit someone as long as the final decision is made by management but to say no to giving them the audit partner for 6 months as that would create advocacy threat. The seconds part audit report the first was a qualified opinion as expenses were material and there wasn’t sufficient appropriate evidence and the second fire relating to going concern was a KAM.
First I was also commenting on KAM for “Fire case”, than I realized the entity was not a listed company. / Actually I was searching for demonstrating my KAM knowledge:) / KAM is only used for listed companies. So I got confused and did not figure out what was the examinator’s aim with this part.
May I also ask for it? Please email me:
ildiko.matisz@gmail.comDear All,
I failed P7 with a pretty low mark. I’m more than disappointed and suprised, because I learned hard, my time management on the exam was quite OK (almost managed to finish, did not leave any of the target questions untouched). I really hoped I will pass, but I only scored 35. (Actually I passed all the other P level papers for the first attempt, including P4)
I think about asking for a review for the scoring….
Does anyone have experience about asking for a review for the scoring? How much would it cost, it is worth to ask for it?
Is it possible to have so low marks only due to a bad hand writing?Thanks a lot for any comment….