[sanket723]

@nehal15 yes, used BPPs study text and practice and revision kit

[sanket723]

@nehal15 – I cleared my p5 in the first attempt. I used BPP’s study text and PNR kit along with heavy reading of the technical articles. It’s important to understand that for p5 the expectation isn’t to rewrite a particular model, but rather give suggestions and give pros and cons of certain methods.

Hence, it’s very important to have a clear understanding of businesses to have clarity on this subject.

Happy to help.

Best,
Sanket

[sanket723]

Completed my ACCA – Scored 68 in P5

[sanket723]

Q1 C) what primary audit procedures for audit of financial instruments and EPS (used in the case)

Q2) ethics / independence and ISA 250

Q3) Professional scepticism and fraud

Q4) Ethics, independence, audit fee and quality

Q5) Audit opinion and construction contracts (IAS 11)

Overall exam was ok, nothing tricky or unexpected, only challenge was to manage time and limit the writing..

[Author]

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