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@lefteris said:
Q1
Biz risk (12m)
Risk of Material Misstatement (18m)
Ethical threat (6m) – advice on new payroll system, audit com ask for lower audit fees
Related Party Transaction (10m) – Difficulties to identify, Audit procedures on Related Party txnQ2
Critically appraise audit report (10m)
Report to TCG (15m)
-PPE revaluation
-Capitalisation of renovation
-Audit partner rotationQ3
ED-540 (8m)
Assess acct treatment and difficulty & Audit procedures (17m)
-Cash Based SBP (6m)
-Fine+IAS10 (6m)
-Capitalization of cost regarding development (5m)Anyone here take ATX MYS and self study? do you have updated materials to share
For me. It was time pressure. I did not finished Q2(b) adv/disadv. Manage to write only one point for both. For the Swot weaknesses, I wrote the calculation low part. And high part for strength.
SAF- for acceptability, I also wrote the calculation for Vlease.
Fail P1 with 31 this time. previously was 39. :((( Now I plan to take P1 and P2 in Dec.
I self study too. This time i answered all the question . I choose ques 2 and 3.
Did you have enough time during the exam?
Can you tell me how to combat this paper so that i can Pass in Dec?
Guys, how do I study P2. Majority of you voted as ‘hard’. I am nervous for Dec exam now.
no need to say. i did badly. wasnt hoping anything at all. preprared provision for retake in sept.
This sitting is way harder than the sitting before. The style of the question change. In section A, there is many lengthy questions. This is not good.