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Passed with 61 – finally I have completely the ACCA qualification !!! I’m so happy !!!!!!!!
Hi Rakhi, please could you also send me a copy of the questions to me? – – I am also sitting P7 in December!
In my opinion.. absolutely. The IFRS standards are required for definition, application and analysis for both compulsory and optional questions in the P7 paper. It is just a question of which standards will come in the June paper.
On the other hand I have read on this forum that some have “passed P7 without knowing P2 material”. But again this is just my opinion!..
Passed with 53% although I thought I did a lot better than this! On to the optional papers….
external auditors are also able to perform an effective audit if they can place reliance on the internal controls of the organisation. Without a strong control framework and control environment in place, auditors cannot place reliance on it… the domino effect being that shareholders not receiving value for the audit since the auditors could not run comprehensive audit tests and/or obtain sufficient and appropriate audit evidence..
Use pencil to draw your graphs (and labels), then once you’re happy with your workings you can just draw over the graph with a (black) pen.
Therefore there’s no need to cross out your work if you make mistakes. And your work will look more neat and easier for the marker to mark!