• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

Save 20% on ACCA & CIMA Books

Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>

Laurappp

Profile picture of Laurappp
Active 5 years ago
  • Topics: 4
  • Replies: 3
  • ☆
  • Profile
  • Forums
  • Topics Started
  • Replies Created
  • Engagements

Forum Replies Created

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • October 23, 2022 at 8:43 pm #669748
    AvatarLaurappp
    Participant
    • Topics: 4
    • Replies: 3
    • ☆

    Now its clear. Thank you very much!

    October 22, 2022 at 9:28 pm #669668
    AvatarLaurappp
    Participant
    • Topics: 4
    • Replies: 3
    • ☆

    Bit of confusion still about casting term.

    What would that mean in practice – to check arithmetic for each sampled item?

    Lets say we have a list of payroll costs at year end:
    1000 Employee A
    2000 Employee B
    3500 Employee C
    4500 Employee D
    8000 Employee E
    19000 TOTAL

    And I have sampled item 4500 and 2000.
    So checking arithmetic would mean that I recalculate each sampled item e.g from gross to net pay?
    From this example I can add up sampled items which does not do much or add up the whole population and check if its actually 19k.
    If casting would mean that we sum up all column then what is needed to be done with the sample?

    In the same example there is a similar question – give substantive procedures over redundancy provision. And the answer is “obtain an analysis of the redundancy calculations (cost by employee) and cast it to ensure completeness. ”
    So I just sum up all items in the list of redundancy costs and say costs are complete? Or do I reperform calculations for each item? But can I say that redundancy costs are complete by reperforming and checking arithmetic for each item?.

    December 2, 2021 at 8:33 pm #642346
    AvatarLaurappp
    Participant
    • Topics: 4
    • Replies: 3
    • ☆

    Now it’s clear.
    Thank you very much!

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)

Primary Sidebar

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • TEDI on IAS 16 Property, plant and equipment – Initial Recognition – CIMA F1 Financial Reporting
  • ChanNV on Framework – measurement – ACCA Financial Reporting (FR)
  • ChanNV on IASB Conceptual Framework – Introduction – ACCA Financial Reporting (FR)
  • Konstantinos43 on Financial Performance Measurement – Liquidity Measures – ACCA Management Accounting (MA)
  • Hirak.5 on ACCA TX-UK FA2025 Chapter 3 Property Income and Investments – Individuals

Copyright © 2026 · Contact · Advertising · OpenLicense · About · Sitemap · Privacy Policy · Cookie settings · Comments · Log in