[shiyu]

by ‘more audit work ” is there a fixed way of answering ,
Or is it down to common sense ? sorry , Audit is not my best subject

[shiyu]

Q5 Dec 2005 (a) & (b) 🙁
I dont have Any practical experience , and never worked , so i dont understand how to answer these

[shiyu]

By “this’ i meant {Additional Audit Procedures}

[shiyu]

I’m having problems with audit too .

But i realized that you have to read and UNDERSTAND “”WHY”” The procedures are like that . That way you’ll have to Link it with what you have learned throughout your CAT or Acca F1-3 and apply it to your audit .

However you’ll have to memorize a few definitions and stuff to earn marks .
the links below might help .

https://opentuition.com/groups/f8-audit-and-assurance/forum/topic/f8-good-list-of-mnemonics-to-use/

https://opentuition.com/groups/f8-audit-and-assurance/forum/topic/list-of-definations-compiled-to-learn-for-f8-exam/

Good Luck !

[shiyu]

Ooh okay . i’ll try to do some more exercise . Cause there’s one that has depreciation and rectification costs . that’s the one that’s confusing . and another one where the contract was done half way and we have to find “FOR THE YEAR”

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