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did anyone reeive email about early registeration for next exams? not a good feeling when waiting for final paper..pls tell me im not the only one..
@ Stuart—Please tell me you are starting comedy..you can actually start a business turning the questions into pieces like this that the students can understand better..maybe they will ‘get’ the meaning of audit and business risks so much better this way..give it a thought! ( I have a keen eye for spotting business opportunities)
@ Samy and Ify..’im going to try and put it on my phone so once i stop at a red light i will read it and laugh!!..Better cure than a doctor..
@stuartpearce said:
Very time pressured. I made the mistake of leaving Q1 once I had run over the allotted time, at which point I had hardly started the question.Then I returned to it in a hurry, trying to think of business risks with what I could remember of the scenario – all I could remember was the rabbits.
I thought of one risk now – which is customers could buy the bunny rabbits thinking they might do something funny and then returning them when they are not funny. Maybe the risk would be understatement of warranty provision – however do rabbits come with a warranty?
The flip side is the risk that someone buys a rabbit that is funny and they put it on youtube and blame it on the pet shop. The risk would be to reputation and hence possible overstatement of inventory?
Staff are well trained so they should be able to advise that rabbits are not supposed to be for human entertainment – although that will be a hard sell as most people won’t understand.
Also what packaging do the pets come in? If they are too snugly packed they might not survive unless they are a spider or something.
What about the risk is that someone might buy reptile thinking it can do stuff which it can’t – like change colour.
Or they might buy one that does change colour and then return because it wasn’t following the rules.
Also the risk that some of the inventory may be consumed by some of the other inventory – you only need to type snakes into youtube to see what could go wrong here.
I think of all this stuff now – something tells me I haven’t passed.
Oh my Gosh!! Stuart!!–I just thought about another risk!!–There is a risk that after reading your post, the examiner may pass everyone that took this March edition!! You are just too funny!..I havent laughed like this in such a long time!!-
aLSO THERE IS A MORE SERIOUS RISK THAT YOU MAY BE IN THE WRONG BUSINESS ACTUALLY –(You may think about moving on to comedy!)Lool at you only need to type in snakes!!
PLEASE ADD: jodukwe@yahoo.com
@osamajunaid85 said:
Now what does yellow and black thing indicate on home page???some people have replied they don’t see this..only the grey and black pages…just wondering..
Exactly Jigsaw…I tried the tests..even though i can click..i cant purchase..i.e it just stops and does not continue when I click on next.. The fact is, all these make for interesting reading and maybe helps to dilute the tension a little. but one cant really say..
Thanks!..In the exam though, we have to say how the ROMM can materialise, do we just use the scenario and maybe say..As they are new clients, there is an inherent risk that liabilities may be undertsated…e.t.c… as we are not very conversant with their systems?
i think we can point these out when they send the feedback forms as they do after each sitting. I think that is where all the complaints can be put to good use..
In truth, the paper was not horrible, but there was tooo much to write for each question.If one had to answer all questions as it should be done, it would have meant maybe leaving off one whole question..so either way, you are trapped between the devil and the deep blue sea…either way..you are dead!on another note..my docket says to be at the centre 2 hours before exam,,is this a new requirement? can someone please confirm?
when you go to pq accountant, does it also bring up the nq accountant for you? maybe its a sign also!!!
@jacob you are so right! i even forgot kpi’s because of pressure. I could not just think!! something i am ordinarily very good at!
Anyway, i wrote that in the survey…
@syed..i like your sense of humour!!..For the first time after my exams i actually laughed when i read your comment!
yes question 2 was the TRAP!
There has to be a trap question..the one that differentiates the medal winners from the I just scraped through!!my question is on share based payments…The exam questions are so much harder than what I see on the site…does anyone have a good point of reference t use for all the Trick bits?..Please post for last minute revision.. help!!
I think its because there are so many ways to solve a question and each way is unrelated. Even when you study so hard, one can get a question that just throws you off balance. I too know many students that have finished all P levels that are being held back by F9. For me, whenever I finish it, it causes me to loose so much confidence as I don’t understand what happens and i’m not moving forward in my other papers. Maybe creating more standardized papers would help. Much time is spent analyzing the question and the way the questions are structured, you get no points on attempts (unlike something like P2 that even when your answer is wrong, they mark your steps)
I really pray that I make it this time.. it’s been quite difficult for me too…
