[scottyw]

Found it difficult overall, especially question 2 re Building block model. Couldn’t wrap my head around what was being asked in regards to the standards

[scottyw]

jodie.kearney wrote:Does anyone know if the exam in December will be the same as the exam in September?

Of course not

[scottyw]

barbadoshk wrote:I think I said the grant was material and therefore the opinion would be modified, amongst accounting policy he’s etc and the treatment.
The sale of the machine was not material but I waffled on about correct treatment etc ??

I came to same answer, grant material so qualified opinion, sale of machine not material so unmodified opinion. Yeah and explaining correct treatment should pickup most of the marks available i assume

[scottyw]

Sooryedeo wrote:Yes this was question 2(b) but was question 2(a) splitted between analytical procedure and further audit procedures to be carried out?

Yes i believe so. Never seen a question similar to that in all the practice questions i did. Just waffled a bit to try and score half the marks

[scottyw]

I think the question was matters related to the government grant and also disposal of an asset? The second part was explain implication on audit opinion if no adjustment made

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